Question: On January 1 , 2 0 2 0 , Ridge Road Company acquired 2 5 percent of the voting shares of Sauk Trail, Inc., for
On January Ridge Road Company acquired percent of the voting shares of Sauk Trail, Inc., for $ in cash. Both companies provide commercial Internet support services but serve markets in different industries. Ridge Road made the investment to gain access to Sauk Trails board of directors and thus facilitate future cooperative agreements between the two firms. Ridge Road quickly obtained several seats on Sauk Trails board, which gave it the ability to significantly influence Sauk Trails operating and investing activities.
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