After Duckworth decided he did not want to be involved with the day-to-day business of running a growing company, he sold out the ownership to United Engineering Industries (UEI) in 1980, retaining his life presidency and day-to-day technical involvement with Cosworth, and becoming a UEI board director; UEI was a group of small- to medium-sized technology companies, which was taken over by Carlton Communications in 1988 – Carlton was primarily interested in some of the audio-visual companies in the UEI portfolio, and Cosworth was a poor fit with these; a new buyer for the company in the engineering/automotive sector was sought, and the traditional engineering company Vickers plc bought Cosworth in 1990.
Keith Duckworth did not want to run the day-to-day business.Cosworth was sold to United Engineering Industries (UEI) in 1980.Duckworth remained as president for life, and technical involvement with Cosworth.He became a UEI board director.UEI was taken over by Carlton Communications in 1988.Carlton wanted some of the audio-visual companies that were part of UEI.
Keith Duckworth did not want to run the day-to-day business.Cosworth was sold to United Engineering Industries (UEI) in 1980.Duckworth remained as president for life, and technical involvement with Cosworth.He became a UEI board director.UEI was taken over by Carlton Communications in 1988.Carlton wanted some of the audio-visual companies that were part of UEI.
Write a simpler version for the sentence: After Duckworth decided he did not want to be involved with the day-to-day business of running a growing company, he sold out the ownership to United Engineering Industries (UEI) in 1980, retaining his life presidency and day-to-day technical involvement with Cosworth, and becoming a UEI board director; UEI was a group of small- to medium-sized technology companies, which was taken over by Carlton Communications in 1988 – Carlton was primarily interested in some of the audio-visual companies in the UEI portfolio, and Cosworth was a poor fit with these; a new buyer for the company in the engineering/automotive sector was sought, and the traditional engineering company Vickers plc bought Cosworth in 1990. Output: