Complex sentence: The Consolidated Aircraft Corporation was founded in 1923 by Reuben H. Fleet, the result of the Gallaudet Aircraft Company's liquidation and Fleet's purchase of designs from the Dayton-Wright Company as the subsidiary was being closed by its parent corporation, General Motors.
Split into simpler sentences: The Consolidated Aircraft Corporation was founded in 1923 by Reuben H. Fleet. The result of the Gallaudet Aircraft Company's liquidation and Fleet's purchase of designs from the Dayton-Wright Company as the subsidiary was being closed by its parent corporation, General Motors.