- Matsson's vision for the business leads Shiv and Roman to manage the fallout, while Logan weighs his options.
- Kendall is nursed back to his health after nearly drowning in his pool, having been discovered by Comfry. Gerri reports that GoJo's market capitalization has exceeded Waystar's, resulting from heavy fines from the Department of Justice. Logan and Roman travel to Lukas Matsson's villa to meet with him in person; Matsson proposes that GoJo buy out Waystar with him as CEO - giving Matsson the power to choose a new board - while Logan exits with a settlement along with continued control of key assets. Logan stays to negotiate further while sending Roman back to Tuscany to attend his mother's wedding.
In Tuscany, Roman, Shiv and Connor sit down with Kendall to assess his mental state, believing him to have attempted suicide, but Kendall dismisses their intervention, insisting that his near-drowning was a drunken accident. Upon learning of Logan's merger plans with GoJo - which could jeopardize his presidential campaign - and hearing Kendall refer to himself as Logan's "eldest son," Connor lashes out at his siblings for the consistent disregard they have shown him, but regains his spirits when Willa agrees to marry him. Karl and Frank arrive in Italy to aid Logan in dealmaking procedures. Greg romantically pursues an Italian contessa Roman has brought along as a wedding date, learning she has blood ties to the monarchy of Luxembourg.
During the wedding reception, Roman - noticing odd behavior from Gerri, Kerry and others amid apparent concerns over the GoJo deal - reveals Matsson's buyout proposal to an irate Shiv. The two inform Kendall, realizing that giving Matsson control of the company's board severely endangers their prospects of ever taking over as CEO. Kendall, overwhelmed, breaks down in tears over his failure as both a father to his children and as a whistleblower against the company, and finally admits his involvement in the waiter's death at Shiv's wedding.[a] Shiv and Roman comfort him, and Roman suggests that Kendall does not deserve to be fully blamed for the accident.
The three siblings recall a clause in Logan and Caroline's divorce agreement granting the children a vote over any change in company control, and decide to band together as an opposing majority against Logan. On the road, Shiv relays their plans to Tom, who realizes that Shiv has not considered where he will fall under this alliance. Tom vaguely hints to Greg about major changes happening at Waystar and offers him a chance at significant ascension within the company. Greg, though reluctant at first, happily accepts.
The children arrive at Logan's villa to confront their father. Logan refuses to halt the sale, insisting that the time is right to sell ownership of Waystar to a "serious tech operation" like GoJo. The three hold firm against Logan's attempts to divide them; Logan argues that the siblings losing company control will be a teachable moment for them, and erupts in anger upon mention of the supermajority clause. He puts Caroline on the phone, revealing the two renegotiated their divorce agreement to deprive the children of their voting power, effectively leaving them powerless within the company. Roman begs his father to reconsider, but Logan declares that the deal is settled because it ultimately works in his own favor. Roman then pleads with Gerri to oppose Logan and help the siblings remove him but she declines, declaring the buyout to be in her best interest financially. Tom arrives and receives a warm greeting from Logan, leading Shiv to realize it was he who informed Logan of the children's revolt.
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