Data443 Risk Mitigation Inc (ATDS)

[PerdonMe]

TROW brought an interesting tidbit on the N8 PR.

As per the PR on November 8th, 2018 it states that Landstar subsidiary Data 443 acquired N8 for $3.2 Million in cash and restricted stock."

Clearly states that Data443 acquired N8 not Landstar Inc (parent company).

If you look all other acquisitions, Landstar Inc acquired ARALOC, ARCMail and DataExpress.

Why would a subsidiary acquire a private company? You'd think it would be the parent company doing all the acquisitions.

The plot thickens.