When Sharon Newman assumed control of Newman Enterprises, she crashed the company, forcing Victor sell off shares of the company. Jack Abbott bought most of the shares and assumed control of the company, but he was eventually forced to give it up and left Adam Newman in charge. Adam and Victor formed a partnership and, with Jack's help anonymously, brought back all of the shares, and Newman Enterprises was once again privately owned. Katherine Chancellor left her company to Victor in her will an he merged them both, creating Newman-Chancellor. Victor was forced to sell Chancellor to Jill Fenmore Atkinson in 2015.