Complex sentence: In April 2010, former owner Reed Business Information announced the magazine's closure; later that month, "Control Engineering", "Consulting-Specifying Engineer" and "Plant Engineering" were acquired by a new company, CFE Media.
Split into simpler sentences: In April 2010, former owner Reed Business Information announced the magazine would close. However later that month, "Control Engineering", "Consulting-Specifying Engineer" and "Plant Engineering" were acquired by a new company, CFE Media.