Chegg announces proposed public offering of common stock

Santa clara, calif.--(business wire)--chegg, inc. (nyse: chgg), a smarter way to student®, today announced that it is commencing an underwritten registered public offering of $800.0 million of its common stock. chegg and dan rosensweig, our president, chief executive officer and co-chairperson of the board, who is the selling stockholder, also intend to grant the underwriters a 30-day option to purchase up to an additional $120.0 million of its common stock, consisting of 300,000 shares of comm
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