Exclusive-Gaming gear provider Turtle Beach nears board deal with Donerail -sources

FILE PHOTO: Visitors play video games with Turtle Beach headphones at the Paris Games Week, a trade fair for video games in Paris, France, October 26, 2016. REUTERS/Benoit Tessier

(Reuters) -Donerail Group is close to reaching a settlement with Turtle Beach Corp that will give the activist investment firm representatives on the U.S. gaming gear company's board of directors, people familiar with the matter said on Sunday.

Donerail, which has beneficial ownership of 7.4% of Turtle Beach's outstanding shares, has criticized the maker of gaming headsets and controllers for operational missteps and has been pushing the company to sell itself. Turtle Beach maintains it has been doing its best to find a buyer at an attractive price.