From Longman Dictionary of Contemporary Englishshake out phrasal verb1 shake something ↔ outSHAKE to shake a cloth, a bag, a sheet etc so that any small pieces of dirt, dust etc come off He shook out the handkerchief and put it back in his pocket.2 if an organization or industry shakes out, it becomes calmer after a difficult period of time He’ll look for bargains after the real estate market shakes out.3 shake something ↔ out to change a situation by removing things from it that are not useful or that do not make a profit As the airline industry shakes out all but the very fittest, catering companies could face serious troubles. → shake→ See Verb tableFrom Longman Business Dictionaryshake out phrasal verbCOMMERCE1[intransitive] if an organization or industry shakes out, it becomes calmer after a difficult period of time. In a market, this happens when weaker companies are forced out of business or bought by bigger companies, leaving fewer competitorsHe will look for bargains in a year or two, after the real estatemarket shakes out.2[transitive] shake something → out to change a situation by removing things about it that are not useful or profitableAs the airline industry shakes out all but the very fittest, catering companies could face serious troubles. → shake→ See Verb table