Complex sentence: The early 1960s were the high point for The Provincial Traction Company subsequently profits declined and in 1969 the company was taken over by the Wiles Group Bids, Deals & Mergers.
Split into simpler sentences: The early 1960s were the high point for Provincial Traction. Subsequently profits declined and in 1969 it was taken over by the Wiles Group Bids, Deals & Mergers.