2U, the online education giant that acquired edX last year, just saw its stock price drop by half.

On April 9, shareholders of both Coursera and Udemy voted to approve the merger. The votes weren’t close. At Coursera, 99.4% of votes were in favor of issuing new shares to complete the acquisition. At Udemy, 99.9% voted to adopt the merger agreement. Out of more than 228 million shares that voted across both companies, fewer than 500,000 voted against. Coursera shareholders also approved doubling the company’s authorized shares from 300 million to 600 million, which is needed to issue the sto

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Leadership shakeup at Udemy brings in McKinsey veteran as company projects meager 1% growth for 2025