Complex sentence: Ultimately, however, American Express could not make the pieces of its financial services supermarket work and the firm sold its retail brokerage operations to Primerica in 1993 and in 1994 spun off a beleaguered Lehman Brothers as Lehman Brothers Holdings Inc., in an initial public offering.
Split into simpler sentences: Ultimately, however, American Express could not make the pieces of its financial services supermarket work. In 1994, it spun off a beleaguered Lehman Brothers as Lehman Brothers Holdings Inc., in an initial public offering.