Complex sentence: On June 6,2009, Tanglewood Country Club was purchased at auction by Marc Strauss for $950,000-less than half of its appraised value and Tanglewood National Golf Club as of July 1,2009.
Split into simpler sentences: On June 6,2009, Tanglewood Country Club was purchased at auction by Marc Strauss for $950,000-less than half of its appraised value. It will be renamed Tanglewood National Golf Club as of July 1,2009.