Complex sentence: OSH was purchased by Sears in 1996 after seven years of independence, and in 2005 sold a 19.9% interest to Ares Management of Los Angeles for US $58.7 million, announcing expansion plans at the time.
Split into simpler sentences: OSH was purchased by Sears in 1996 after seven years of independence. In 2005, Sears sold a 19.9% interest in the company to Ares Management of Los Angeles for US $58.7 million, announcing expansion plans at the time.