Complex sentence: The Keds brand of shoe was introduced in 1916 by U.S. Rubber (later known as Uniroyal, then Uniroyal Goodrich, and finally merged with Michelin), and is now owned by the Stride Rite Corporation.
Split into simpler sentences: The Keds brand of shoe was introduced in 1916 by U.S. Rubber (now known as Uniroyal). The brand is now owned by the Stride Rite Corporation.