Complex sentence: M&F Worldwide Corp., formerly Power Control Technologies, Inc., was incorporated in Delaware on June 1,1988 and was formerly a New York Stock Exchange listed public holding company (as MFW) that is now a part of the Ronald O. Perelman group of companies.
Split into simpler sentences: M&F Worldwide Corp., formerly Power Control Technologies, Inc., was incorporated in Delaware on June 1,1988. The company was previously a New York Stock Exchange listed public holding company (MFW) that became part of the Ronald O. Perelman group of companies.