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Subsequent Events [Text Block]
3 Months Ended
Mar. 31, 2020
Notes  
Subsequent Events

Note 15.Subsequent Events 

 

In April 2020, the Company acquired the remaining 76.93% interest in Torchlight Technology Group, LLC., a marketing technology (“MarTech”) company through a step acquisition for $11,443,000 of cash consideration.

 

On April 24, 2020, IHC announced that it commenced a tender offer to purchase up to 1,000,000 shares of its common stock at a price per share of $27.00. The tender offer will expire on May 21, 2020, unless extended by IHC. The tender offer is subject to a number of terms and conditions described in the Offer to Purchase that has been distributed to stockholders.