To add to Spencer's reply, the TWs (where I grew up) had a major division more than 20 years ago. The Heubner split was very small, and preceded the major split.
Heubner was a Diotrephes and cultivated a following. His assembly silenced a brother (who really should have been silenced long before by his home assembly) and said it was just applicable to their assembly. This was seen as a rejection of the One Body, and Heubner's assembly was put away without, as far as I know, any real attempt to heal the breach. It was certainly done quickly. As one brother put it, "He who shoots first, wins." (That was not intended as a compliment!) A handful of nearby assemblies followed Huebner. I do know that many were already concerned about Huebner, and this may have been seen as an opportunity to get rid of him. That is speculation on my part.
I recall that a friend of my was, for a while, quite taken with Huebner, who was publishing quite a few papers on various topics. (This was a few years before the split.) After some time, he stopped quoting Huebner, and one of our friends asked him about it. His reply, I think, captured the larger issue. "I don't read him anymore. Everything I have read of his has been correct, but it's just not The Shepherd's voice."
This was unrelated to the major division which took place a few years later, but some wrong principles were involved in both. I can confirm that the larger part of the TWs have many assemblies in South America.
It's not quite correct to say, "One group has effectively united with the open assemblies." In the first place, on Open principles, there is no such thing as, "uniting". There is nothing more than acquaintance and limited intereaction. That is certainly going on, but here's the rub: How much that is going on varies quite a bit from assembly to assembly in the smaller TW group, ranging from having conferences together to having nothing at all to do with them.
One thing that is consistent with the smaller group is their rejection of the larger group's claim to being the only fellowship in existence which has the Lord's Table and the Lord's presence in their midst. They believe that they are the ONLY group of Christians who are ''on the ground of The Truth". That was really one of the underlying issues of the larger division. This claim scarcely existed, and was often rebuked, as I was growing up, but it grew to have more influence over time, and from what I can tell as now an outsider to the larger group (but having ongoing contact with many individuals there), this has become the dominant, if not the required, view of the larger TW group. It's really their, "claim to fame", so to speak.