Complex sentence: LV's situation got no better during the next six years, and its properties were taken over by Conrail on April 1,1976, as were those of the Erie Lackawanna, Pennsylvania-Reading Seashore Lines, CNJ, L&HR, RDG, and PC.
Split into simpler sentences: LV's situation got no better during the next six years. Its properties were taken over by Conrail on April 1,1976, as were those of the Erie Lackawanna, Pennsylvania-Reading Seashore Lines, CNJ, L&HR, RDG, and PC.