Complex sentence: Michaels lost the Intercontinental Championship to Jannetty on the May 17,1993 episode of "Raw", but regained it on June 6 with the help of his debuting "bodyguard" (and off-air friend) Diesel.
Split into simpler sentences: Michaels lost the Intercontinental Championship to Jannetty on "Monday Night Raw" on May 17,1993. He then regained it on June 6 with the help of his debuting "bodyguard" (and off-air friend) Diesel.