Complex sentence: On 21st June 2012 Hawaii's governor, Neil Abercrombie declared Larry Ellison has acquired the Castle & Cooke company from David H. Murdock, owning as a result of his purchase 98% of Lanai, the Hawaii's sixth-largest island.
Split into simpler sentences: On 21st June 2012 Hawaii's governor, Neil Abercrombie declared Larry Ellison signed an agreement to buy the most of the island of Lanai from the Castle & Cooke company, owned by David H. Murdock. As a result of his purchase, Larry Ellison owns 98% of Lanai, the Hawaii's sixth-largest island.