Complex sentence: In June 1970 Valspar merged with Minnesota Paints and relocated to Minneapolis, Minnesota; its former president, C. Angus Wurtele, became chairman of Valspar in 1973.
Split into simpler sentences: In June 1970, Valspar merged with Minnesota Paints and relocated to Minneapolis, Minnesota. Its former president, C. Angus Wurtele, became chairman of Valspar in 1973.