Spanish translation: sobre una base totalmente diluida
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English to Spanish translations [PRO] Bus/Financial / cash tender offer
English term or phrase:on a fully diluted basis
Pursuant to the terms of the definitive merger agreement, XXX shall commence a cash tender offer for YYY's common stock no later than October 5, 1998. As part of the transaction, ZZZ, President and Chief Executive Officer of YYY, and certain other shareholders, who currently beneficially own an aggregate of approximately 5.1 million shares of YYY, or approximately 63% of the outstanding shares (on a fully diluted basis), have agreed to tender their outstanding shares and have granted to XXX an option, under certain circumstances, to buy all their shares for $24.59 per share.