The phrase "a corporate split" is correct and usable in written English.
It can be used to describe a situation where a corporation divides into separate entities or when a company separates its divisions or assets.
Example: "The recent announcement of a corporate split has left investors uncertain about the future of the company."
Alternatives: "a business division" or "a company separation".
She was set to become a board director at the company in 2011 before the corporate split but decided not to pursue the nomination following the furor over the hacking scandal.
News Corp. had hoped to resolve the claims in advance of its corporate split this summer.
The corporate split is on track to occur June 28, Murdoch announced Tuesday morning during a 23-minute special meeting of shareholders in New York.
PHOTOS: 2012 highest-paid media executives Paramount expects to spend at least five years reassembling a television production studio after handing off its profitable TV production studio six years ago to CBS in the wake of Viacom's corporate split.
This summer, Thomson told investors the new News Corp., in the wake of the corporate split with the film and TV assets, would look to cut costs and focus on "premium content and iconic brands".
Mr. Peltz has been an advocate of corporate splits to try to unlock value, most famously in 2008, when he pushed Cadbury Schweppes to spin off its beverage businesses.
Experts say one of the most common mistakes in corporate split-ups is that both parties maintain their familiar methods of communication, evaluation, training and promotion, along with benefits and behaviors that make up a company's spirit.
IF the day comes when Microsoft follows Mr. McNamee's advice -- or simply runs out of legal maneuvering room -- the company will not have to look far for pertinent lessons from other corporate splits.
Earlier this month, Kodak announced a corporate overhaul that split its businesses into consumer and commercial segments, which some analysts said could aid in the sale of parts of the business.
[C3.] Changes by G.E.'s Next Chairman In his first major corporate and personnel move since becoming president and chairman-elect of General Electric, Jeffrey R. Immelt, left, named Gary L. Rogers, head of GE Plastics, as a corporate vice chairman and split the plastics business into two operations.
