Complex sentence: In 1990, WTVX was sold to Krypton Broadcasting but that company filed for bankruptcy in 1993 and the station was acquired by Whitehead Media at auction in 1994.
Split into simpler sentences: In 1990, WTVX was sold to Krypton Broadcasting. Krypton filed for bankruptcy in 1993 and the station was acquired by Whitehead Media at auction in 1994.