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The phrase "are spun off" is correct and usable in written English.
It is typically used in the context of business or finance to describe the process of a company creating a new independent entity by separating part of its operations or assets.
Example: "The company announced that several divisions are spun off to focus on their core business."
Alternatives: "are separated" or "are divested".
Exact(14)
Sometimes, businesses are spun off simply because they make no sense together.
Food particles and water are spun off as a creamy gunk that he removes with a rag.
Even sites that are spun off from traditional establishments are adapting their sales practices to the habits of online shoppers.
Projects that are spun off into businesses could indeed benefit the public, but others will flounder and yield no practical benefits.
Some researchers, both inside and outside I.B.M., are now asking whether decentralization could weaken the labs as groups like Mr. Peled's team are spun off to do their own thing, perhaps in secrecy.
Its shareholders will receive shares in two separate companies when the restaurant operations are spun off, expected later this year after Digital completes its purchase of closely held Pudgie's Famous Chicken, said a company spokesman.
Similar(46)
KBR was spun off from Halliburton last year.
It was spun off from Cablevision in 2011.
The joint company was spun off in 1997.
AngloGold was spun off from Anglo American in 2005.
He returns from Hypo Real Estate, which was spun off in 2003.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com