Complex sentence: Roy H. Park bought the Daily Reflector and WNCT-AM-FM-TV in 1961, and the station remained the flagship of Park Communications until it merged with Media General in 1997.
Split into simpler sentences: Roy H. Park bought "The Daily Reflector" and WNCT-AM-FM-TV in 1961. The television station remained the flagship of Park Communications until it merged with Media General in 1997.