I agree with Neall Beag. For starters, it needs to be two sentences. And that is just for starters. The first sentence (or what should be the first sentence):
Originally Posted by pink dragon
Company A absorbed some of Company B.What happened to the rest of Company B?
Company C swallowed some bits of Company D on its own and then (bought) Company E in its entirety.
I don't know what on its own is supposed to mean there. In my opinion, the statement in question confuses more than clarifies.