Original sentence: After 2 years of loses, Avnet sold the labels back to Al Bennett for $8 million.From 1980 until 1984, Capitol used Liberty as a country label, featuring such artists as Kenny Rogers.In 1957, Liberty acquired the jazz label Pacific Records.In 1963, the Liberty Records label was sold to Avnet (an electronics corporation) for $12 million.In 1966, a reissue label Sunset Records was started to deal with previously issued records from the new labels.In February 1979 EMI Records foreclosed on them and has owned the rights of the labels since then.Initially, EMI used Liberty to reissue the Liberty and Imperial catalogues.The company shut down Dolton and transferred Dolton's artists to Liberty; later they shut down Imperial and Minit and transferred their artists to Liberty.Transamerica was unfamiliar with the recording industry; Alvin Bennett was fired after six months and things evolved from bad to worse
Edited sentence: After 2 years of loses, Avnet sells the labels back to Al Bennett for $8 million.First EMI used Liberty to reissue the Liberty and Imperial catalogues.From 1980 until 1984 it was used by Capitol as a country label (featuring Kenny Rogers).In 1957 the jazz label Pacific Records was acquired.In 1963, the label was sold to Avnet (an electronics corporation) for $12 million.In 1966 a reissue label Sunset Records was started to deal with previously issued records from the new labels.In February 1979 EMI Records foreclosed them and owns the rights of the labels since then.They shut down Dolton and transferred Dolton's artists to Liberty, later they shut down Imperial and Minit and transferred their artists to Liberty.Transamerica had no clue how to run a record company, Alvin Bennett was fired after six months and things evolved from bad to worse