estaban jubilando
-they/you were retiring
Imperfect progressive ellos/ellas/ustedes conjugation of jubilar.

jubilar

Los propietarios de El Delfín se estaban jubilando y querían vender, así que Meadows aprovechó la oportunidad.
El Delfin's owners were retiring and wanted to sell, so Meadows says he jumped on the opportunity.
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