Complex sentence: Bergdorf Goodman's parent company became the object of takeover bids in the 1980s; and, as a way to maintain its independence, Carter Hawley completed a major financial restructuring.
Split into simpler sentences: Bergdorf Goodman's parent company became the object of takeover bids in the 1980s. As a way to maintain its independence, Carter Hawley completed a major financial restructuring.