The Donerail Group and Board Nominee Terry Jimenez Issue Joint Statement Regarding the Firm's Prior Acquisition Efforts and Financing Capabilities
Terry Jimenez, Former CEO and Board Member of Tribune Publishing Company, Affirms Donerail's Credibility as an Acquirer
Jimenez Served as the CFO of Tribune When Donerail Made Its Bid to Acquire Tribune
Jimenez Declares Donerail's Acquisition Financing Structure to Be Credible and Is Surprised Turtle Beach's Board Did Not Engage in Good Faith with Donerail
The Donerail Group LP (together with its affiliates, "Donerail," "we" or "us"), which collectively with the other participants in its solicitation beneficially owns approximately 8.3% of the outstanding shares of Turtle Beach Corporation (NASDAQ:HEAR) ("Turtle Beach" or the "Company"), today issued the below statement:
While Donerail