Complex sentence: May 10,1898 Meyerfeld had the means to purchase the outstanding shares of the Orpheum Circuit from Walter's heirs before hiring the gifted Martin Beck as general manager, and launching an aggressive expansion of their operation west of the Mississippi River.
Split into simpler sentences: May 10,1898 Meyerfeld purchased the outstanding shares of the company from Walter's heirs and soon engaged the gifted Martin Beck as general manager. Within a short while the two would launch an aggressive expansion of the Orpheum Circuit west of the Mississippi River.