June 23, 2011 at 13:54 PM EDT
Amid Reports Of IPO Plans, Chegg Acquires Lecture Note Marketplace Notehall
We're hearing that online textbook rental service Chegg has completed its third acquisition today, snapping up lecture notes and study guides service Notehall for an undisclosed amount of cash and stock. Chegg, which has received over $219 million in financing and hit revenues in the ballpark of $130 million in 2010, is also reportedly "deep in talks" with bankers regarding its plans to go public.
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