Complex sentence: Capital Cities/ABC merger realignment and retirement of its president, Walt Disney Television and Telecommunications's divisions were reassigned to other groups, hence BVTV, as a part of Walt Disney Television International, was transferred to Capital Cities/ABC.
Split into simpler sentences: Capital Cities/ABC merger realignment and retirement of its president, Walt Disney Television and Telecommunications's divisions were reassigned to other groups. Therefore, BVTV, as a part of Walt Disney Television International, was transferred to Capital Cities/ABC.