The act of taking over a business, it's the third step in a 4 step process. One is not simply selected as boss, they humiliate the current boss, impose their will, and take control of the business. In return, the previous boss sulks in self misery.
Not to be mistaken by eliminate, elimate is the coup d'etat of the business world.
Maariko decided to elimate and take control of the business, leaving Russ in the dust.
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. PenguinBooks,1992. p. 38)