The best replacement for reorganization is liquidation.

The best alternatives to reorganization are rated as following:
★★★★★  liquidation
★★★★  restructuring
★★★  reengineering
★★  reorganization
★  reorganisation
★  re-organization
★  realignment
  restructure
  type b reorganization

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Google Trends

Scale is based on the average worldwide traffic of reorganization in all years. Click on graph for more.
reorganization
liquidation
restructuring