Contains spoilers for this episode and earlier episodes.
Logan tells the family Waystar will pursue Pierce Global Media and takes them to the Pierces’ Tern Haven estate to reassure its owners about the Roys. He coaches his children on how to behave, including asking Kendall to arrive later and pretend he was volunteering. Nan Pierce hosts them alongside Rhea and Naomi. Connor clashes with Maxim over his presidential ambitions, while Shiv trades barbs with Mark Pierce. At dinner, the Pierces question the Roys’ values and Logan’s treatment of Marcia. Nan asks Logan who will succeed him, and he refuses to name anyone.
Shiv blurts out that Logan chose her, stunning the table; afterward she panics and regrets speaking. Kendall bonds with Naomi over addiction, and she admits she wants the deal to fail because Waystar once exploited her private struggles. He argues that selling could free her from the family business. Roman’s attempt to have sex with Tabitha falters, and he later seeks sexual humiliation from Gerri. The next morning, Nan makes the sale conditional on Shiv becoming successor. Logan rejects the condition and calls off the deal, but once the Roys return to Manhattan, Nan changes her mind. The family celebrates while Logan sits alone. Tom has also endured the Pierces’ criticism of ATN, exposing the friction between their liberal image and Waystar’s conservative news operation.