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syndicate (n.)

1620s, "council or body of representatives," from French syndicat (15c.), from syndic "representative of a corporation" (see syndic) + -at (see -ate (1)). Meaning "combination of capitalists or companies to carry out some commercial undertaking" first occurs 1865. Publishing sense of "association of publishers for purchasing articles, etc., for simultaneous publication in a number of newspapers" is from 1889. As a synonym for "organized crime, the Mob" it is recorded from 1929.

syndicate (v.)

1889, "form into a syndicate," from syndicate (n.). Meaning "sell for simultaneous publication" is from 1889. Earlier it meant "to judge, censure" (1610s), from Medieval Latin syndicatus, past participle of syndicare. Related: Syndicated; syndicating.

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Definitions of syndicate from WordNet
1
syndicate (v.)
join together into a syndicate;
The banks syndicated
syndicate (v.)
organize into or form a syndicate;
syndicate (v.)
sell articles, television programs, or photos to several publications or independent broadcasting stations;
2
syndicate (n.)
a loose affiliation of gangsters in charge of organized criminal activities;
Synonyms: crime syndicate / mob / family
syndicate (n.)
an association of companies for some definite purpose;
Synonyms: consortium / pool
syndicate (n.)
a news agency that sells features or articles or photographs etc. to newspapers for simultaneous publication;
From wordnet.princeton.edu