Complete story — includes the ending
Using the NOC list, Michael works with the CIA and his new handler Max as a civilian asset to go through the names one by one until the entire international organization is out of business. After a brief catch-up session with friends and family in Miami, Michael is called back to DC to finish off his task by finding the last member of the organization, a key operations guy holed up at a secure compound in Venezuela. Along with backup from his own team, Michael and the CIA attempt to trap the guy, but he figures out what's going on and is able to escape, only to commit suicide rather than reveal his secrets. Afterwards, a disappointed Michael is reminded by his mother that closure doesn't always come and is prompted to get back to normal life.
Sources and content license
Source and revision history · Adapted from Wikipedia contributors, Burn Notice season 5. HTML formatting and reference markers removed. · Content license