Complex sentence: In Chicago, they get a brief meeting with Zalinsky, but he tells them he wants only the good reputation connected with the Callahan brand and will close down the company and lay off its 300 workers.
Split into simpler sentences: In Chicago, they get a brief meeting with Zalinsky. He spells it out for them: he wants only the good reputation connected with the Callahan brand and will close down the company and lay off its 300 workers.