2U Inc to buy Trilogy Education for $750 mln [Reuters]
2U, Inc. (TWOU)
Last 2u, inc. earnings: 4/30 04:01 pm
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Source: Reuters
2U Inc to buy Trilogy Education for $750 mln 2U Inc Trilogy Education Citigroup Global Markets Inc. Morgan Stanley Highland Capital Partners, Macquarie Capital, Exceed Capital, Rethink Impact, City Light Capital Triumph Capital LLC. PRESS RELEASE LANHAM, Md. and NEW YORK, /PRNewswire/ — 2U, Inc. (Nasdaq: TWOU), a leader in education technology, today announced that it has entered into an agreement to acquire Trilogy Education, a workforce accelerator that prepares adult learners for high-growth careers in the digital economy, for $750 million in cash and stock. Trilogy partners with top universities and leading companies to provide in-person and online skills-based training programs in coding, data analytics, UX/UI, and cybersecurity that bridge regional hiring gaps in more than 50 cities around the globe. A Compelling Strategic Fit The acquisition of Trilogy Education will expand 2U’s university portfolio from 36 to 68 partners and deepen relationships across both 2U’s and Trilogy’s
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TWOU
News
- 2U, Inc. (NASDAQ: TWOU) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- 2U, Inc. (NASDAQ:TWOU) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- 2U, Inc. (NASDAQ: TWOU) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- 2U (TWOU) Reports Q1 Loss, Tops Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- 2U Reports Results for First Quarter 2024 [Yahoo! Finance]Yahoo! Finance
TWOU
Earnings
- 5/2/24 - Beat
TWOU
Sec Filings
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/8/24 - Form ARS
- TWOU's page on the SEC website