Complex sentence: In the early 1960s they sold the station to Kentucky financier, Garvis Kincaid and the station was part of the Bluegrass Broadcasting chain, headquartered in Lexington, KY.
Split into simpler sentences: In the early 1960s they sold the station to Kentucky financier Garvis Kincaid. As a result of the purchase, the station became a part of the Bluegrass Broadcasting chain, headquartered in Lexington, KY.