Complex sentence: In 1956, Dickens dissolved his band to perform as a solo act, and later that year Emmons and Shot Jackson formed the Sho-Bud ("SHOt-BUDdy") Company to design and build pedal steel guitars.
Split into simpler sentences: In 1956, Dickens dissolved his band to perform as a solo act. Later that year, Emmons and Shot Jackson formed the Sho-Bud ("SHOt-BUDdy") Company to design and build pedal steel guitars.