- third-person singular simple present indicative form of pipe
(vocal capacity): As if one's lungs were composed of pipe-works.
pipes - Investment & Finance Definition
Private investments in public entities are an investment vehicle that enables small, private companies to turn themselves into a publicly-traded companies without going through the initial public offering process and the scrutiny that it involves. Typically, a private company that is viable will buy the stock of a public company that has ceased to operate but which still exists as a shell. The two companies in effect merge, with the operations and the management of the private company running the new company.