Platinum Equity-Burke deal faces challenge from US FTC

( October 19, 2026, 14:49 GMT | Official Statement) -- MLex Summary: The US Federal Trade Commission has filed a court challenge to the acquisition of Burke, a manufacturer of commercial outdoor playground equipment, by Platinum Equity and its portfolio company PlayPower. “Following decades of consolidation, the proposed transaction would threaten higher prices, lower quality and service, and diminished innovation for tens of thousands of schools, parks, churches, and other commercial outdoor playground customers, as well as the tens of millions of American children who use and love playgrounds,” the complaint claims.Statement follows in full. Also see attached file. ...

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