Shell company - A company which exists in name only and which has ceased to trade. Shell companies are at their most interesting when they are listed on a stock exchange, because they provide a cheap way for another company to acquire a listing by "reversing" into the shell. Rumours perpetually surround listed shells, and their share prices can be quite volatile as investors get excited at the prospect of a reversal.
Shell company : a company which exists in name only and which has ceased to trade. shell companies are at their most interesting when they are listed on a stock exchange, because they provide a cheap way for another company to acquire a listing by "reversing" into the shell. rumours perpetually surround listed shells, and their share prices can be quite volatile as investors get excited at the prospect of a reversal.
Shell company