Crossword Genius

Shell company acquires music venue (5)

Ross

I believe the answer is:

conch

I'm a little stuck... Click here to teach me more about this clue!

'shell' is the definition.
(large seashell)

'company acquires music venue' is the wordplay.
I cannot quite understand how this works, but
'company' could be 'co' (abbreviation) and 'co' is found in the answer.
'music' could be 'c' and 'c' is found within the answer.
This explanation may well be incorrect...

Can you help me to learn more?

(Other definitions for conch that I've seen before include "One's sometimes pulled in to beach" , "Heavy shell" , "Marine mollusc with a spiral shell" , "Large spiral shell" , "Type of shell" .)

I've seen this clue in The Irish Times.
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