Complex sentence: The hundred-year-old core ranch in Pecos County, originally owned by California-based Elsinore Land & Cattle Company, was acquired by Gerald Lyda of San Antonio, Texas and renamed La Escalera Ranch (Spanish for "The Ladder").
Split into simpler sentences: The hundred-year-old core ranch was originally owned by California-based Elsinore Land & Cattle Company. It was acquired by Gerald Lyda of San Antonio, Texas and renamed La Escalera Ranch (Spanish for "The Ladder").