ENDGAME (spoilers)
Mencken will signal that unlike the California Raisin he will not be controlled by Waystar - that he will block GoJo acquisition of Waystar but also Waystar acquisition of GoJo (will refer to globalist media having too much power).
Kendall pushes ATN to reverse its support for Mencken. This is a combination of Mencken being an insufficient ally, a fight with Rava, Jess quitting, and Kendall’s fear of Roman’s ascendency.
Tom, under fire and desperate, agrees to reverse the call in Milwaukee. But he gets fired anyway (by Greg).
Mencken turns on ATN and attacks Waystar and the Roy family (“cunning men who come to market”) leading to riots.
Shiv, trying to get ahead of the GoJo fraud and seal the deal, makes the fake subscriber numbers public. But it backfires spectacularly; GoJo stock plummets.
Results
no Waystar - GoJo merger; neither company purchases the other bc Shiv pushes Jimenez to block the acquisition.
Roman quits.
Kendall is CEO but has lost his family and humanity in the process. Company is a precarious position and the future is dark.
Shiv joins Jimenez administration.
Tom and Shiv “reconcile” and agree to raise the baby continuing the cycle of dysfunction and abuse.
Roman cashes out and uses his stake to turn PGN into a Newsmax outlet, becomes an alt-right mogul.