Complex sentence: In 1902, The New York Times owner Adolph Ochs bought the paper from Drexel's estate for a reported $2.25 million, merged in the "Philadelphia Times" (which he had bought the previous year), and installed his brother George as editor.
Split into simpler sentences: In 1902, Adolph Ochs, owner of "The New York Times," bought the paper from Drexel's estate for a reported $2.25 million. He merged it with the "Philadelphia Times" (which he had bought the previous year), and installed his brother George as editor.