PlayPower, BCI Burke Scrap Merger After FTC Sues to Block Deal
HUNTERSVILLE – October 27, 2026 -- PlayPower and BCI Burke terminated their merger agreement, abandoning a deal announced on February 13, 2026, one week after the U.S. Federal Trade Commission and certain states sued to block it.
The FTC and the states filed the lawsuit on October 19, 2026. They sought a permanent injunction against the acquisition.
PlayPower says litigation costs outweigh the deal's value
PlayPower CEO Bryan Yeazel said the time and expense of protracted litigation are better spent on the two companies' separate businesses. He said PlayPower believes the combination would have protected American jobs and benefited families, workers and communities. He added that the company was confident it would have prevailed in court.