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(Lee Je Hoon)

(Kim Dae Myeung)

(Sung Dong Il)

(Jang Hyun Sung)

(Oh Man Seok)

(An Hyun Ho)

(Cha Kang Yoon)

(Written by Lee Seung Young)

(Directed by Ahn Pan Suk)

(The Art of Negotiation)

Hey, Yoon Joo No's coming.

Says who? He's not in Korea.

So he's on his way.

This is going to be crazy.

Ladies and gentlemen. We will soon land...

at Incheon International Airport.

We're experiencing some turbulence.

Please fasten your seatbelts.

(Company that makes values, SANIN)

Yoon Joo No is coming?

Yes, the M&A legend, Yoon Joo No.

(M&A, mergers and acquisitions)

Are we losing our affiliates?

Not us.

I still have a mortgage to pay off.

If I get fired, I can't even pay for my credit card bill next month.

Is that why there's a board meeting?

I know.

I've never seen the high-ups in a rush.

- Mr. Oh. - Hi.

Do you know what's going on?

No.

But M&A doesn't always mean selling.

Yoon Joo No might be coming here to buy a new company.

Hey, haven't you seen the news?

The rumor says our company's going down.

Why would he buy it?

Yoon Joo No is coming to fire us.

That's what this fuss is about.

Goodbye. Thank you.

Goodbye.

(Kick Off, Episode 1)

(SANIN GROUP Financial Sustainability Meeting)

What's this fuss about?

His name is Yoon Joo No.

He's an M&A expert.

Hey.

Do you even know what M&A is?

Buying, selling, and merging companies?

What did I expect from an intern?

Yes.

People who don't know might say that.

Hey, let me tell you.

M&A is...

not just about buying and selling.

M&A is...

killing and saving.

You prick.

Hey.

What's a corporation?

A character created by law.

And M&A is...

combining the two or getting rid of them.

Right? Look.

Let's say you got rid of one character.

Isn't that considered a murder?

Come on. That's not a murder.

You...

Hey, what happens when a company gets sold?

Everyone in that company gets fired.

If they get fired? They won't get paid.

Then what happens to their families?

They'll starve.

People end up dying in that process.

A dismissal means a murder, don't you know?

That's true.

In fact,

Yoon Joo No is...

Hey.

Do you know what his nickname is?

What is it?

White Snake.

- White Snake? - Yes, White Snake.

A white snake. Got it?

Because he moves without a sound...

and swallows without a trace.

But why is it a white snake?

There are viper snakes and vipers.

That's how much of a cold-blooded man he is.

Hey.

What's M&A for?

For money. It's all for money.

M&A is about selling 10 million dollars worth for 100 million dollars...

and buying 10 million dollars worth for 100,000 dollars.

Do you think a man who does that...

give a dang about firing

petty hundreds and thousands of salarymen like us?

Never.

So an M&A expert basically means...

he's a psychopath.

That's why he's White Snake.

So if Yoon Joo No is coming to the head office,

it has already begun.

What has begun?

Mr. Ha, when Yoon Joo No gets here, he'll start cutting people's heads.

I know.

We need to come up with a plan.

What plan?

He worked for me for ten years.

Do I need to come up with a plan just because he's coming?

I think it was Mr. Lee's idea to call Yoon Joo No.

Mr. Lee always says he wants to retire,

but you never know what's really on his mind.

If Mr. Lee called Yoon Joo No...

as his means...

(Vacant)

To SANIN Head Office, please.

Sir, I've arrived at the airport.

Come in.

- Sir. - Hello.

You didn't have to come here. You should've gone ahead first.

- We should take you on the way. - That's not necessary.

Do you understand it now?

What it means to have Yoon Joo No?

Hello.

Due to the occurrence of fluctuations in the global financial market,

the safety of financial business is decreasing.

The financial authorities judged the risk management was required...

and advised us to keep our BIS...

over 13 percent.

Our main bank HANBIT Bank is...

currently at 12 percent.

As a result,

they refused to expand the maturity date.

Those bank jerks begged us to use their money,

and now they're urging us to pay it off?

Especially our debt rate...

is 428 percent...

which is higher than the top ten major corporations' average debt...

of 250 percent.

That was already in the report. So cut to the chase, will you?

So SAMOEL FUND demanded us openly...

to decrease our debt rate.

As a result, many business magazines...

are publishing articles about our crisis, and some are...

even mentioning bankruptcy.

He asked you to cut to the chase. Why are you...

They're basically demanding us to pay it off. How much is it?

Yes, it's 11 billion dollars.

By when?

The maturity date is the next first quarter,

but we actually need to pay it off before this year.

Are they serious?

Do they think 11 billion dollars is a joke?

Do we have to do everything the bank says?

Who runs a business with their own money?

At the end of the last quarter,

the chairman promised

to reduce the debut by 200 percent in the market.

The stock price that had fluctuated drastically...

increased by 11 percent on that day.

It'd been continued to rise,

and it has increased by 40 percent since the lowest point.

But if we don't keep that promise,

- the stock price will plummet? - Yes.

So we must raise the fund to pay off our debt.

Do you work at SANIN?

You work at a good company.

It's known for the apartment construction in Korea.

Look over there.

They're all built by SANIN.

(SAMOEL CB Report)

(SAMOEL FUND CB Outline)

We also used the convertible bond from SAMOEL.

Yes.

We borrowed three billion dollars worth of convertible bond...

from SAMOEL FUND.

When's their maturity date?

It's the first half of next year...

It overlaps.

- We can expand that. - Yes.

What's their put option?

If the stock price goes below 100 dollars,

SAMOEL will refix the convertible bond...

or request reimbursement for the principal and interest.

That basically means...

if our stock price drops down to 100 dollars,

- they'll take all our stocks? - Yes.

If SAMOEL switches to our stocks, our biggest stockholder will be...

SAMOEL.

The chairman's going to pass out.

This is a mess.

However, the current stock price is...

in the 150 dollar range.

Therefore, unless it's for any negative effect,

it wouldn't have any influence.

That's a relief.

'A relief.'

'A relief.'

This is crazy.

So what are we supposed to do?

Pay off 11 billion dollars and secure the stock price?

Yes.

- No matter what? - Yes.

He's talking as if it's none of his business when he's the cause of it.

That's his specialty.

How did this happen?

This is no time for that.

That's what I mean.

This will draw the media's attention.

Probably.

The government will also need to give an excuse...

for the mismanagement before the second half.

If we lose their favor, we can't rely on a pump-priming policy.

Let alone the pump-priming policy, if they use us as an example,

they'll beat us to a pulp.

Then SANIN could disappear.

So the chairman ordered...

to do our best for the company's fate.

Mr. Lee, do you have anything to say?

Yes.

So Mr. Yoon Joo No will be here soon.

What do you do?

Just wondering what you do in SANIN.

You kept going over the document.

Right.

I buy and sell.

Are you in the sales team?

What?

But I thought he had an issue or something.

If a guy like him returns to the head office,

what would other employees say?

Exactly.

He ran away after causing trouble,

yet he has the nerve to return?

Mr. Ha.

- There seems to be a misunderstanding. - What misunderstanding?

If I'm having a misunderstanding, tell me.

Since he's coming,

we should listen to what he has to say...

Did you call him?

No.

The chairman called him.

You must have different opinions.

Let's get some coffee.

This is causing us headaches.

Let's go get coffee.

Hurry or there will be a long line.

- By the way. - Yes.

It seems the executives hate Yoon Joo No.

You'd hate him too if you were them.

Especially for Mr. Ha.

Why is that?

Other executives are worried about losing their titles,

but Mr. Ha treated Yoon Joo No like his son.

- Really? - Yes.

Mr. Ha was

on the M&A Team before he became the CFO.

(CFO, chief financial officer)

I see.

Mr. Ha has nowhere to go.

Either he becomes the CEO or he leaves.

Then the chairman summoned the man who used to work for him...

and tries to hand over his work?

Mr. Ha has to bet his life on this.

Hey, wait.

Let's go.

- But why is the chairman doing that? - Why else?

He's telling them to be on their guard.

He makes the two fight.

The winner stays, and the lower leaves.

What's going to happen then?

They'll grind themselves to it.

Because no one wants to go down.

They'll have to squeeze themselves to the last drop.

- Here are your drinks. - Yes.

Thank you.

Let's go.

Still, Mr. Ha and Mr. Yoon Joo No...

have a major class difference.

Mr. Ha is number two in SANIN.

That's my question too.

I wonder if the chairman considers Yoon Joo No the next in line...

or is he giving Mr. Ha a chance to put the blame on Yoon Joo No...

and avoid the responsibility.

Who'd know what's on his mind?

Mr. Lee is here.

Do you think the chairman called him?

I'm not sure.

Mr. Lee probably talked him out.

Right.

Mr. Lee is close to the chairman after all.

Perhaps he called Yoon for no reason?

Because you need to become the CEO.

He might have called Yoon Joo No...

to take care of the chores.

- You're young. - Pardon me?

You have no idea how scary labor could be.

You're young.

Anyway, now it's war.

If Mr. Ha wins, he becomes the CEO.

If he loses, he gets fired.

If Yoon Joo No wins, he might become an executive.

You said he was a money-crazed psychopath.

Who'd let him become an executive?

That's why.

Owners prefer people like him.

He'd protect their money.

Hey, wait here.

- What? - Sir, here's your coffee.

Anyway, he can never resolve this.

Right.

The amount.

I've never heard such a big amount before.

And he has to defend the stock price at the same time.

But what's going to happen if he fails?

What else?

Yoon Joo No will take responsibility for putting the company at risk...

and leave.

Then you'll automatically become the CEO.

I'm okay with Yoon Joo No's arrival.

Since that's the chairman's decision.

But who's he going to work for?

He used to work for you,

and you're the CFO after all.

Me?

Mr. Yoon is a stubborn man.

Tell him to create his own team.

If he needs help, you can help him.

Hey.

He wants to identify if he's an enemy or an ally.

- Is that it? - Yes.

Mr. Ha seems to be confident.

What about the team members?

He can receive applications.

The M&A Team is popular.

Should I apply?

You want to join the dying team?

Anyway, what's Mr. Yoon going to sell first?

Let's ask what his plan is...

when he arrives.

Do we have to hear it from him?

I am the CFO of this company.

Yes.

Then let's listen to what the CFO has to say first.

Yukchamgoldan.

"Yuk" as in meat, "cham" as in cut, "gol" as in bone, and "dan" as in break.

Yield my flesh to claim their bones.

We cannot overlook when our company's at risk.

We need to cut out the issues.

Let's take a look...

at our flesh and bones.

This is SANIN affiliates' financial statement.

First, it's the construction business.

They made a slow growth.

Then their sales doubled.

That happened after I acquired YONGA ENC.

Why is the company at risk...

when the construction is doing well?

Here, all the other affiliates.

They're all in deficit.

Hotel,

entertainment, tourism, food and beverages. They're all in deficit.

That's a blood bath.

Move to the previous slide.

What is that? The wind. Yes, that bicycle.

It didn't even get to be listed.

So, what does this mean?

The construction business is supporting everything else.

But it has reached its limit.

So what are you saying?

Can you tell...

what the bone is and what the flesh is?

What we need to do next is to cut it out.

I'll calculate the sales and profit...

and sell the bottom rank first.

Do you think that's funny?

This isn't an idol audition.

What? I can't do that?

Even kids are competing brutally.

Then we need to be fiercer.

Sir, how much do we need to sell?

Until we raise 11 billion dollars.

Wait.

If you're trying to raise 11 billion dollars,

are you saying you'll sell everything except for the construction?

Why do you decide that?

That is what the CFO does.

Can't you see this?

No matter how much the construction makes, the debt is 11 billion dollars.

If we don't cut our limbs,

we'll all go down thanks to you.

That's not the only place that's making money. We're...

making a profit too.

Right. SANIN Fashion.

Okay. SANIN Fashion.

For 4.2 billion dollar sales, you made 29.8 million dollar profit.

With that rate,

it's better to save that money in the bank and get the interest.

What can I do? Last winter wasn't cold enough.

Fashion is highly influenced by the weather...

You should've seen that coming and come up with a plan.

Don't you watch the news?

The world is going crazy with the global warming,

and yet you produced so many winter jackets.

You couldn't even sell it for half price, they're all in stock.

Ms. Min.

The demand forecast is also your capability.

Next.

SANIN Hotel.

You said it'd be a hit after COVID-19.

Do you call this a hit?

Honestly,

China needs to help us.

What can I do with the current state of affairs?

Exactly.

If there's nothing you can do,

you need to quit.

Look.

Mr. Yoon might have a different opinion.

Mr. Yoon...

Do I have to wait for him?

Sorry for making you wait.

Hello. I'm Yoon Joo No.

You've come a long way.

Do you know what is going on?

I went over the data you sent me.

So?

What are you thinking?

I'll go over it and send you a report.

Go over it?

Right.

I am well aware of the major sacrifice to come.

However...

What the heck? What's going on in here?

Hey.

Have a seat.

Are you confident?

Yes.

Okay. Anything I can help you with?

I need team members of my choice.

Sure. Make your own team and do it.

Any volunteers here?

Gosh.

What? Now that you think about it,

it won't turn out well?

- Bye. - Goodbye.

I'm off to recruit my team members.

Wait. The one who applied?

Yes.

Come to my office by 5 p.m. for an interview.

See you then.

Are you crazy?

You're done for.

He looks better than I thought.

- And you said he was competent. - Why are you...

Don't you know the basics as an employee?

Employees like us must avoid drawing attention.

If this turns out well, I might become a full-time employee.

That...

That's not how you should see it.

You don't know how the politics work, do you?

Hey, you think a team manager can fight an executive?

Yoon Joo No's guaranteed...

He's taking the blame alone. He's done for.

What an idiot.

What if Mr. Yoon resolves this?

You said he was competent yourself.

Competent?

You think 11 billion dollars is a joke?

Hey, even with 100,000 dollars a year, you have to work for more than 100,000 years.

Even if a monkey...

evolves into a human while saving 100,000 dollars,

it can't make 11 billion dollars.

Hey.

What?

How can you calculate so fast?

You prick.

You always failed to read the room back in university.

You haven't changed.

You were known for your petty tricks back in university.

You haven't changed.

You little...

Hey.

Laugh while you can because you're in big trouble.

(Reserved)

(Model House Grand Open)

This way.

Min Jeong, you look good in your uniform.

Thank you.

Min Jeong, were you like that in the head office too?

What do you mean?

Were you that stiff in that head office too?

Or are you looking down on us because you're from the head office?

Min Jeong.

Do you think you can go back to the head office?

You need my support here.

For you to have a bright future.

You know what I mean?

Min Jeong.

- Can you help them? - Okay.

- Hello. - Hello.

Is this popular?

I'm not sure.

Honey, if you ask her,

she'd say everything is good. She works for them.

Based on your current score,

you barely make the cut-off score with 42 points.

We have 55 available for 84m².

And we have 2,380 applicants so far.

The competition rate is just a little over 43 percent.

And we're expecting the applicants to triple.

So if you calculate that by four times, that's 173 times.

See? She repeats what she was told.

Right?

Calculate it yourself. It's correct.

One second.

Forty three times by four.

Honey, 43 times 4 is 170.

But she said 173.

I said just a little over 43.

To be exact, it's 43.2727, and it continues.

And the quadruple of that is 173.0909, and it repeats.

So 173 is a more precise number.

You're like a computer.

I'm not,

but my calculation is correct.

If you're pregnant...

How did you know I was pregnant?

What? Are you pregnant?

Mr. Yoon?

Mr. Yoon, how did you get here?

I took the cab.

No, I mean, are you demoted?

No, but something like that.

Will you work with me?

Your client.

Right.

- Yeon Su. - Yes?

If you're pregnant, you're a multi-child family,

so apply for something else.

If I were you, I wouldn't apply for this.

When were you assigned here?

Soon after you left.

Was it Mr. Ha's decision?

But I liked working there.

You should've found yourself a new job. I'm sure many were desperate to hire you.

No one wanted to hire me.

That's a relief.

Yes.

By the way, where in Suwon are we going?

Right.

Haerang Law Firm.

To Lawyer Oh Soon Young?

- Uncle Soon Young. - Yes?

Can we get sweet and sour pork?

No, no case this month.

That's not my fault. That's your fault.

What are you... Never mind.

Mr. Lawyer.

About what I said before...

We didn't order it.

Try. It's the most popular dish in my restaurant.

Thank you.

Remember I told you the realtor over there is belittling me?

I'm wondering if that counts as defamation.

Was that the realtor?

What did he say about you?

That jerk is slandering me...

that I'm using weird meat.

It's so hard to catch pigeons.

So,

there's defamation based on facts...

and spread of false information.

Which is it?

What do you mean?

What kind of meat did you use?

Pigeons.

Just joking.

It's a joke.

We only use prime pork.

Right?

Then it's spread of false information.

You should just reconcile.

The realtor said...

you called him bald first.

He is bald. Did I say something wrong?

I called the bald bald because he's bald.

Even with the wig, he can't hide it.

How is that defamation?

So,

that's considered defamation based on facts.

That's punished severely these days...

for hurting their feelings.

In the past, the bodily harm was considered more important,

but these days, their feelings also matter.

Whatever. I'm suing him.

Reconcile with him.

That realtor...

threatened me that his stepson is a lawyer.

But do people still have stepsons these days?

Anyway, I'm going to sue him.

It's 50 dollars for writing a complaint.

Reconcile while you can. You'll regret it later.

No, I've made up my mind.

I'm heading to the police station today. I'm suing him.

Here.

A lawyer is like a hunting dog.

So bite that dang realtor.

I'll pay you.

So if you bite the realtor,

do you think he'd let that slide? He'd hire a lawyer too.

If he hires a lawyer and sues you?

I know you'll win.

Those jerks. Tell them to bring it on.

Of course, I win. But...

lawyers don't fight with each other.

His hunting dog will bite you,

and I will bite him.

The two of you will go down,

and the lawyers will make money by sitting on their hands.

Then what am I supposed to do?

Reconcile.

No wonder you have no money for tangsuyuk.

You look like a thug, but you're such a coward.

A coward... I'm not a coward.

A thug?

I'm cute.

(Green Tree Real Estate)

Son.

Come in for some coffee.

Why do you keep calling me son? I'm not that young.

You don't have to be blood-related to be my son.

As long as I like you that much.

Other people say you look scary,

but you look cute to me.

Come in.

I'll head back first.

Is the one who gossiped about you the Chinese restaurant owner?

Did he gossip about me to you too?

No, when you work as a lawyer, you just know.

I see.

So, what now? Are we suing him?

Reconcile with him.

You said he uses pigeon meat for dumplings.

Me? No, I didn't say that.

You said that to me too.

Is that right?

But so what?

He commented on my appearance first.

But...

it's easy to prove that his sales dropped...

after the rumor.

He can simply prove it by showing the account book.

But it's hard to prove...

that your feelings were hurt.

It's not like you can show your feelings.

That's what I mean.

Do you know how much that hurt me?

So, your feelings were hurt,

and the Chinese restaurant's sales dropped. You're even.

What the heck are you saying?

You're no one to say that about my pain.

He called me bald first.

I'm embarrassed with it on...

or off.

It feels like I'm not wearing it even with it on...

and vice versa.

I'm disappointed...

that you don't understand my heart.

Well...

Think about it.

And reconcile.

Wait.

You have a client.

What? A client?

Lawyer Oh, join us for our project.

I had the most fun when I worked with you two.

Fighting is not my thing.

M&A was perfect for me.

You look like you'd join the MMA.

But M&A is perfect for you?

Speaking of which,

Haven't I become cute while we haven't met?

My neighbors say I'm cute.

With that attitude, I can't join this team.

So it's just you and me, Mr. Yoon?

Is that what happens?

There's one more.

(M&A Team)

Is this okay with you?

I'm just here for an interview.

This is what everyone does. It should be fine.

It's kind of tacky.

Are you waiting?

Why are you here?

To have some coffee with you.

You drink coffee like water.

Hey.

Coffee runs in office workers' veins. Don't you know?

Gosh, the M&A Team.

I feel bad for them.

- Why? - Hey, come with me.

I'll show you what a thriving team means.

Why are we going there?

I know.

I'm taking a mere intern to a luxurious place.

Hey, this is the highest floor.

There is a floor upstairs.

That's the chairman's office.

This is the highest floor for ordinary people.

Here.

Mr. Ha on the left,

and Mr. Lee on the right.

Jin Soo, check this out.

It's classy.

Jin Soo.

If you work with me, you get to drink this.

If you work with the team that's going down...

at the rock bottom,

all you get is instant coffee.

Got it?

So?

Would you like to work with me?

Are you scouting me?

Depending on how you do.

The rumor says Mr. Yoon is an heir.

Really?

I thought I was an heir.

The chairman said he wouldn't draw his children into the management.

I'm not sure if that's a good idea.

That only made in-company politics more brutal.

By the way,

the chairman has a hidden daughter,

and he's going to make her marry Mr. Yoon.

That's why he said he wouldn't draw his child into the management.

- Says who? - I heard it here and there.

Really?

But Mr. Yoon...

Is the chairman okay with that?

He's married.

What?

Mr. Yoon is married.

He has a wife.

Did you come back alone?

Yes.

You should've brought her with you.

Are you back for good?

I'm not sure.

Does it depend on this project?

After this project, I'll be fired.

Whether it turns out well...

or not.

Anyway, if Yoon Joo No...

fails this project, he's doomed for failing it.

If he succeeds,

he's doomed to lose number two's favor.

- You mean Mr. Ha? - Yes.

It's better to fail...

than losing the next CEO's favor.

The company is all about politics and following the right person.

It's an inexorable truth even in history.

Hey, you think Yi Sun Sin died because he wasn't good at fighting?

No matter how good you are,

if you're not good at politics, you die.

The moment you choose that team,

you'll go down with Yoon Joo No.

So you need to...

think about how to fail the interview.

(SANIN M&A Team)

Yes.

Hello. I'm Intern Choi Jin Soo.

Do you have a reason for applying to the M&A Team?

Yes.

I thought it was a chance to learn from you.

This team needs to raise 11 billion dollars...

while keeping the stock price at the 100 dollar range.

You already know, right?

You heard it in the meeting room.

Yes.

What was an intern doing in there?

I was serving refreshments.

Then the meeting suddenly began, so I couldn't leave.

What's the total market value of this company?

It's 19 billion dollars as far as I'm concerned.

After we pay off 11 billion dollars?

- The total market value? - Yes.

That is unknown.

Why is that?

Isn't it supposed to go up after paying off the debt?

Because that is also reflected in the current stock price.

I see.

So it will remain at 19 billion dollars?

No, it will change,

but it depends on Mr. Yoon.

You were the leader of the stock investment club.

This is Yang Hyun A from the HR team.

You weren't logged into the in-company messenger, so I texted you.

If you give me the list of your team members, I'll transfer them.

Thank you.

Did you win?

- Kwak Min Jeong... - Did you lose?

- and Lawyer Oh Soon Young. - No.

You keep saying no.

I haven't withdrawn the profit yet, so I'm not sure.

What's your current profit rate?

It's 700 percent.

Amazing.

I was lucky.

If you don't make it to our team, which team do you want to join?

What?

Well...

Actually someone asked me to join his team.

Already? From where?

I don't know if it's okay to say it, but he's in the HR team.

That's a popular team.

I guess he took highly of you.

They'll be the first to recognize the talent.

No, I like the M&A Team.

Is there an opening in the HR team?

Did you say the HR team?

The team that made you an offer.

Yes.

In the HR team?

No, there isn't.

Is that all for the M&A Team?

Yes.

Lastly, do you think this project will be successful?

No.

Then why did you apply?

To be honest,

I heard rumors about you.

I have a feeling you'd try anything...

in the process of failure.

I'd learn a lot from it.

It might succeed.

Yes. Right.

Let's see what happens.

Did I pass?

I'm Kwak Min Jeong. I'm in charge of the finance.

Hi.

I'm Oh Soon Young.

I majored in corporation law. I do this and that.

Including Intern Choi Jin Soo, there are three.

May I ask a question?

Sure. You may.

Are you married?

Yes.

I see.

Gosh.

You need to start exercising.

To be a great man...

requires great strength.

I haven't been able to exercise,

but I was born with outstanding strength.

I don't buy that.

No, sir. I'll soon regain my strength.

Sure. You need that to be a great man.

In the end, you need strength to work.

Do you want some tea?

Sure.

Gosh.

Is this ours?

It's a tumbler from Bareun Life.

Eco-friendly is the trend these days.

It's popular among young people.

Producing that will damage the environment even more.

Is that safe for kids these days?

That's what I mean.

That won't last long.

Make something cheap and nice.

Tell them to make something that looks nice.

Yes, sir.

I still have a long way...

to catch up with your insight.

Thank you for the tea.

Mr. Ha.

Yes, sir.

If you want to go higher,

you need to learn how to control people.

Why do you need to work?

When they'll do the work as you say, right?

Yes, I'll keep that in mind, sir.

(Bukhansan National Park)

How about lunch? I already made a reservation.

Maybe next time. I'm not hungry.

Okay.

Hey.

Saving the company is your highest priority.

I beg your pardon?

Yes, I will keep that in mind, sir.

Where's your car?

I parked it over there.

Get going. See you later.

Let's go.

Gosh.

Let me see the back.

Whatever. Let's go.

To your house, sir?

I'm going to the Folk Flea Market. Do you have time?

No, let's go to Cheonggye Creek.

Why did he suddenly summon us?

Is he trying to discipline us?

- Mr. Ha. - Hi.

- Hello, sir. - Are you coming back from climbing?

Yes, with the chairman.

Only the two of you?

Yes, we go hiking sometimes.

Did you get to talk to him a lot?

He always says the same thing.

Take good care of the company. He's counting on me.

But he emphasized it so much today.

I think it's about...

I think it's about time to accept it.

The chairman is getting old.

The company will be in trouble at this rate.

Of course.

Did he say anything about Yoon Joo No?

He probably intended that too.

It's all part of the group management.

Right.

Yes.

Here you are.

Here.

Mr. Ha, allow me to treat you today.

I'll make a reservation now.

This place is very good.

No, next time.

I had lunch with the chairman.

I see.

What's going to happen to Mr. Lee?

He'll probably leave soon.

Right.

He has to leave.

Let's go.

Excuse me, how much is this?

- Are you interested? - Yes.

You know what you're looking at. Say 500 dollars.

That's too expensive.

It's cheap for mother-of-pearl.

What's the point? I don't have that much money.

How much do you have?

Probably around 400 dollars.

Sure.

Wait.

What are you wasting money on this time?

This is mother-of-pearl.

Whatever. Why would you buy second-hand stuff?

Let's go for the soup.

Get moving.

But...

Darn jerk, messing with my business.

Thank you.

Funny your taste never changes.

Right.

So it becomes memories.

You're right.

So why are you quitting?

Are you talking about that again?

We built a lot of memories together.

I'm disappointed.

I thought it was about time to hand it over.

I'm becoming greedier every day.

The more the burlap sack is worn out, the more it can handle.

You already have everything. Don't be so greedy.

That's what humans do.

People are leaving me over time one by one.

I can't stop someone from dying,

but I can stop a live man from running away.

Right?

You have so many followers. Don't say that.

That's only because...

I said I won't hand the company over to my child.

They're all after the company. How am I supposed to trust them?

So...

I rely on you a lot.

I'm sorry.

Any intention of leaving it to Mr. Ha?

Well...

I'll keep my eye on him.

And...

about Yoon Joo No.

Yes.

Because it was your last favor, he's back.

But I don't trust him.

Right.

Until he's done, you can't leave me.

I really want to take a break.

What if he does something stupid again?

Then you'll have to take responsibility.

You know what? I trust you.

I don't trust him. Got it?

Okay.

But...

Yoon Joo No isn't what you think he is.

Enough. I don't want to hear it.

Gosh, how can you still be that naive?

What would you do without me?

You almost bought a trash mother-of-pearl.

My goodness.

Just finish your soup.

I have a question.

Yes.

Is there another reason you're back in Korea?

I know you called me to Korea...

to save SANIN.

I asked if you had any other reason.

Yes.

If that's what you're up to,

quit it.

Mr. Yoon, that attitude...

will not only ruin your job, but it'll also ruin you too.

(Late Yoon Joo Seok)

How can I get any worse than now?

(SANIN)

Hello.

You're early.

Did you stay up all night again?

No, I got some sleep.

Let me hear it.

(SANIN GROUP Sales Analysis)

The construction is basically supporting the rest of the company.

The problem is,

as the alleviation on redevelopment regulations delays,

the profit is going down.

If the law changes,

the construction business may experience a momentum.

So the profit may go up.

So, if you sell all companies except for the construction,

seven billion dollars is the market price.

If we can get seven billion after selling everything except the construction,

can we make 11 billion by any chance?

It won't be easy,

but it's not impossible.

If we sell all other companies, it's not impossible?

No.

However,

there is a reason the sales in general are low.

What's the reason?

Failing to enter the online market...

seems to be the biggest issue.

Most of our companies focus on selling offline.

Other companies began switching...

to D to C ten years ago.

Now, the online share is much bigger.

Whereas for SANIN,

the online market is very rare.

Only about fashion.

Honestly, it's lucky that it didn't go under.

Everyone makes a purchase on their phones these days.

But...

why aren't we doing it?

These days, if you order it on your phone, you get it the next day.

But we still sell in offline stores only.

Honestly, I'm shocked...

that we still haven't started selling online.

Is it news to you?

They don't even advertise.

- No? - No.

SANIN consists...

of many affiliates.

And the chairman's opinion is very important in this structure.

Still, someone needs to tell him...

that this needs to be changed.

Sure.

Who'd do that?

Hello. I'm the M&A Team manager, Yoon Joo No.

I will first present the corporation analysis.

I will first tell you the name of the project to raise 11 billion dollars.

Let's first name the project.

This is the most important part.

But naming is the hardest.

We're implementing an impossible mission...

I got one.

Project Mission Impossible.

- Too long. - Too long.

You try.

This project will...

be SANIN's biggest momentum.

So, Project Momentum.

Project Momentum.

It's not easy to say.

This is the M&A Team.

You make a matter of course...

sound like news, right?

M&A, Mission Impossible, momentum.

They all start with an M.

The name of the project is...

Project M.

I went over the corporation report you gave me.

Thanks to your cooperation, I was able to complete the inspection.

I'll show you the data based on that.

As you can see, most affiliates are not doing well,

but you also provided means to grow,

so I took that into account as well.

In the last quarter, the construction took up half of the profit.

That's correct.

But unfortunately, as the group in general isn't doing well,

the sales of a few businesses are unavoidable.

We're already aware of it,

so cut to the chase.

Yes, then I will announce business...

to sell.

If we sell everything except for the construction,

we could raise 11 billion dollars?

Yes, although it won't be so easy.

No online market could...

be a chance.

There's a word for it.

A diamond in the rough.

Yes. No online market could...

be a diamond in the rough.

We could get 30 percent more for the possibility.

No.

Since we fall behind, marketing will cost a lot.

It's unlikely.

Is there a chance of change in the construction law?

It's true that the government's policy favors the construction companies.

- Why is that? - Before the election,

they're likely to prevent what slows down the economy.

Then it's favorable...

for a corporation that secured businesses in profitable places...

like SANIN Construction.

The construction business is the essence.

Yes.

That leaves us no choice.

After going over all affiliates in the group,

this is the conclusion I've reached.

(SANIN Construction)

We must sell...

the construction.

Are you crazy?

- If we sell the construction... - Hey.

SANIN lives on the construction.

If we sell the construction, we'll go under.

Even if we sell SANIN Construction, we won't go under.

It's a close call,

but it won't go under even if we sell it.

Hey, Yoon Joo No.

Be quiet. Are you crazy?

We should listen to him.

What's there to listen? It's utter nonsense.

You're coming after me, aren't you?

You're not trying to rescue the company, but you're trying to kill me,

aren't you?

Who doesn't know that the construction business...

keeps SANIN going?

As you said,

the market already knows that the construction is leading...

SANIN GROUP.

Therefore, if we sell everything except for the icing on the cake,

SANIN...

will instantly go under.

What?

If SANIN sells everything except for the construction,

the market will think...

we're only keeping what's profitable.

So it won't be considered selling, but abandoning.

Then we won't be paid fairly.

People don't pay the fair amount for what's abandoned.

In that case, we won't be able to get seven billion dollars.

Then this project will...

fail.

People will oppose.

Exactly.

And Mr. Ha won't sit on his hands.

True,

but if you think about SANIN, what's the right thing to do?

Sure.

I will go with your opinion.

Then we'll go with that.

Jin Soo, what about you?

I agree with your opinion,

but wouldn't that affect the stock price?

Without the construction, SANIN is at a loss.

But that doesn't mean it'll be delisted.

It will buy us time.

Still,

SANIN Construction will cost just over six billion dollars.

The construction law is likely to be alleviated.

We can get up to seven billion dollars.

But we need 11 billion dollars.

What about the rest?

We cannot resolve SANIN's problem at once.

If we secure seven billion dollars by selling the construction,

- we can look for... - You.

You said you agreed with me,

and this is how you backstab me?

Yes.

I agree with your opinion.

Yukchamgoldan.

Cut my flesh to break the enemy's bone.

I agree with you on that.

However, SANIN's flesh shall be...

the construction.

Hey!

Gosh.

Sit down.

Have a seat.

So? How is it going?

Yes.

I will sell the construction business.

How much can you get?

With the current market price, we can get up to seven billion dollars.

Quit it then. I need to get one more zero at least.

Pardon me?

I first began with SANIN Construction.

So...

I need to get paid fairly.

Sir.

That's three billion dollars higher than the current market price...

What?

Are you not confident?

Answer me.

(The Art of Negotiation)

You must sell the best...

to save SANIN GROUP.

The moment he said he was selling the construction,

he was done for.

Never ten billion dollars.

Then I'm not selling it.

He doesn't realize...

he's digging his own grave.

You said you were a negotiator.

Show me what you've got.

Why you...

M&A is a battle of contracts.

If you take it personally, you lose.

What's the CEO like here?

What are you? Thugs?

Not good.

I want to buy it...

for a cheap price.

We have to sell it for a high price.

(We will always remember our late beautiful actress Lee Yoon Hee.)

(Subtitles are provided by KOCOWA.)

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