Does Logan buy PGM?

Claiming that Logan is too old, and out of the loop to run his business. Logan agrees to go with Shiv's proposal of immediately firing back at their opponents that day. Logan Roy then informs everyone, their company, Waystar Royco will be taking over media-giant PGM.

Who is PGM supposed to be?

At one point in Succession, Logan Roy announces his desire to purchase PGM, a media company owned by the fictional Pierce family. It's been pointed out since that the Pierce family appears to be based loosely on the Sulzberger clan, which has run the New York Times since 1896.

Does Logan Roy sell Waystar?

At the end of the season, the Roy children plan to use the Waystar shares their mom, Caroline, received in her divorce agreement with patriarch Logan to create a supermajority and veto their father's plan to sell the company.

Does Pierce sell to Roy?

Kendall is told to arrive later than the rest of the family under the pretense of "volunteering." The Pierces receive the Roys at Tern Haven, their family estate on Long Island.

Why was Marsha mad at Logan?

Marcia is upset with Logan and leaves after he announces Rhea as his successor.

Succession S02E05 - Logan refuses to announce Shiv

Are Logan and Marcia divorced?

When we last saw her toward the end of Season 2, Marcia had seemingly ended her marriage with Logan because she found out not that he may or may not have been having an affair with Rhea Jarrell, but that he coordinated a plan to pass off the CEO reins to Rhea without Marcia's knowledge.

Who did Logan cheat on Marcia with?

However, Marcia is an emotionally intelligent woman with loving tendencies. The love she has (or perhaps had) for Logan appears to be real, but in Season 2, Logan's shallow, cringe-inducing affair with Rhea Jarrell (Holly Hunter), who is now both the former CEO of PGM and Waystar Royco, drove a wedge between the two.

Does Roy buy PGM?

Logan Roy then informs everyone, their company, Waystar Royco will be taking over media-giant PGM.

Do the Roys lose the company?

Thanks to Matsson (Alexander Skarsgard), that agreement will see Waystar becoming a part of GoJo — meaning the Roys will no longer have a place at or stake in the company.

Did Kendall Roy poop himself?

In a future episode, Succession viewers may learn that Kendall's accident was precipitated by a mild cocaine-induced seizure, opioid withdrawal, or damage to the intestines caused by opioid use, clinically known as narcotic bowel syndrome.)

Does GoJo buy Waystar?

Logan and Roman (Kieran Culkin) head to Lake Como to visit Matsson (Alexander Skarsgård) to iron out a “merger of equals.” Matsson quickly gains the upper hand and offers Logan an intriguing deal: GoJo buys Waystar, Matsson takes control of the board, and Logan cashes out.

How much of Waystar do the Roys own?

The answer: $18 billion—mostly from Roy's 36% stake in Waystar, the publicly traded, $46 billion (market cap) media and entertainment giant he founded in his twenties. The Roy empire also includes at least $345 million in real estate, including Logan Roy's $52 million palatial townhouse on New York's Fifth Avenue.

Does Shiv take over Waystar?

Crowned President of Domestic Operations in episode two, Shiv has been happily doing daddy's dirty work to help cover up horrific accusations of of systemic sexual abuse. She is presented as the sensible, untarnished new face of Waystar – and Logan's convenient favourite (“his only daughter”).

Is ATN supposed to be Fox?

And because Roy patriarch Logan (Brian Cox) owns a Fox News-like conservative cable network called ATN, the event is functionally an audition to see which of the contenders will most impress the habitually unimpressible kingmaker.

How rich is Logan Roy?

Forbes put its crackerjack team of fictional wealth investigators to the task of calculating Logan Roy's net worth, estimated at roughly $18 billion. The vast majority of that comes from his 36% stake in Waystar, worth $16.4 billion.

Does Logan sell Succession?

In selling the company for $5 billion — chump change to the omnipresent CEO, as he admits — Logan is permanently distancing his kids from the company and effectively handing power to GoJo CEO Lukas Matsson (Alexander Skarsgård).

Who owns GoJo in Succession?

The finale offers us a twist: The CEO of GoJo, Lukas Matsson, informs the CEO of Waystar, Logan Roy, that GoJo will be the firm buying, and that Roy's time as a business titan will draw to a close.

Who is the smartest in Succession?

1. Ewan Roy. Ewan Roy (James Cromwell) is the smartest Roy for a simple but powerful reason: He stays out of it.

Who owns Waystar Royco?

Although family patriarch Logan Roy has been announcing his retirement for years, he doesn't really have a specific plan (apparently) on who should take over the reins of his Waystar Royco conglomerate. He even skips over the natural heir, his son Kendall, and sparks a battle between his four sons for the CEO spot.

Who takes Waystar Royco?

In the premiere of season three, with the Department of Justice breathing down Logan's neck over the cruise ship scandal, he decides to take a step back from his role as CEO. The siblings and Roy's inner circle of advisors jockey for the position of interim CEO, but Roy picks Gerri for the job.

Is Argestes real?

Argestes Isn't Real, but the 'Succession' Retreat Is Based in Reality. Despite being fictional, the HBO series Succession is so tapped into the cutthroat world of billion-dollar media behemoths it can sometimes seem like the Roys are real people running a real media corporation. And that's definitely by design.

Is Logan sleeping with Kerry?

Let's also acknowledge how funny and casually misogynist it is that Logan lectures Roman about how a sexual relationship between him and Gerri is "disgusting" and she's "a million years old" and this will make Roman "a laughingstock," considering that it's certainly been implied (though not confirmed) that Logan is ...

Why did Logan send donuts?

So when Conner casually says, “Dad sent doughnuts,” it's not a nice gesture. It's Logan's counter-declaration of war. He knows where his children are, what they're doing, and he wants them to know he knows.