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Turtle Beach explores potential buyout

Following its latest quarterly financials, company tells shareholders that its also looking into raising its value

Yesterday gaming equipment company Turtle Beach announced that its exploring being potential bought out.

As per Reuters, sources told the publication that the firm has been in conversations with a number of potential buyers.

"Based on that outreach, we signed 10 (non disclosure agreements) and held 9 management meetings," Turtle Beach said in the letter.

The company told shareholders that its exploring a buyout while actively looking to raise its value to them.

News of the company's consideration of being purchased follows after it released its quarter earnings this week.

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Jeffrey Rousseau: Jeffrey Rousseau joined in March 2021. Based in Florida, his work focused on the intersectionality of games and media. He enjoys reading, podcasts, staying informed, and learning how people are tackling issues.
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