Still addled from the events in England, Kendall tries to make amends with his dad for his takeover attempt betrayal. Logan receives some unvarnished advice from his financial banker about the next best move for Waystar Royco. As Tom maneuvers for a new position in the company, Shiv tries to determine whether Logan is playing mind games regarding his successor.

Roman and Kendall do a “routine health check” of a new media brand to help Vaulter to determine the future of the company. Tom tasks Greg with sniffing out waste at ATN, as Greg wonders if the divisive media outlet is the right fit for him. Connor and Willa host a soiree to mark their return to New York. Shiv brings Tom in the loop about her future at Waystar and with Gil’s campaign.

Logan informs his skeptical management team of his plan to make another attempt to acquire Pierce, a rival media company and one of the most respected names in news, and brings back Frank to work on the deal. Convinced the acquisition is a terrible idea, Shiv asks Tom to deliver the message to Logan at a corporate retreat in Hungary. Greg worries his pre-meeting with a Logan biographer puts his standing with the family at risk. Connor’s presidential announcement irritates Logan.

Roman begins a six-week management training program in the Parks division and is irritated about spending so much time with “normals.” Logan brings Shiv in for a day at Waystar, raising suspicions with Kendall and Gerri. Connor and Willa attend the funeral of a family friend with a complicated past. Logan and Kendall arrange a covert meeting with PGM CEO Rhea Jarrell, as a controversy surrounding a star anchor leads to a day of chaos at ATN headquarters.

Logan attempts to solidify his buyout of PGM at a weekend retreat at the Pierce family home, where Shiv, Roman and Connor veer from their carefully orchestrated roles. As the Pierces question whether an alliance with Waystar Royco will tarnish their legacy, Kendall makes his case to Naomi Pierce during a drug-filled night.

As Logan looks to finalize a deal to buy the Pierce family's papers and TV stations at a media & banking retreat, a threat to the deal arises from an unexpected quarter. Tom worries about ATN's new slogan after learning some distressing news from Greg. Kendall, Shiv and Roman fail to see eye to eye on how to handle damage control ahead of a panel featuring the Roys.

A trip to the UK finds the Roy kids negotiating with their mother. Logan turns to Rhea for advice. Greg and Tom get spooked by an internal investigation.

Shiv seeks backup in her battle against Rhea as the family gathers in Logan's hometown in Scotland to celebrate his 50 years of business.

With the shareholders meeting imminent and Waystar Royco in a precarious position after a whistleblower makes headlines, Logan, Kendall, Gerri and Tom testify before Congress and face tough questions from a determined Gil Eavis. Shiv speaks candidly to Kira, a victim who is set to be a key witness. In Turkey, Roman’s business pitch takes a chilling turn.

Logan weighs whether a member of the family—or a top lieutenant—will need to be sacrificed to salvage the company's tarnished reputation. Roman shares his hesitations about a new source of financing, as Kendall suggests a familiar alternative.