shipstone

The act of a company taking over other companies, in order to grow larger. Secrecy about the takeover is implied but is not obvious or compulsory.

( Derived from the powerful Shipstone Corporation, which eventually owned Coca-Cola and 50% of all business on Earth in Robert Heinlien's novel "Friday"

"Gulf And Western shipstoned Paramount Pctures back in the eighties, then they sold it."

by D F Stuckey February 14, 2004