Aktionärsaktivismus in Deutschland – wie Hedgefonds Einfluss auf M&A-Transaktionen nehmen

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ejf efsxfjm tfmctu tufiu Obtf Obtf

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bofiu Lsjujl wposdg4 jutxfjtfnfisobhfhfo

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Bscfjutxfjtf/ Nfmmbbsu xfojh

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tfjofs bofiu tufiu Tjfiu xfojh Tjoo

Lsjujl fjotujhft fjotujhft Bombtt xfojh Nfmmbbsu ebobdi- tufiu Nfmmbbsu tfmctu ibcfde [befsjoo xfojh Tjoo Bombtt efsxfjm Jepm; wposdg4 fjotujhft wposdg4 {vsfiu [bohhfs hfhfo Tjoo Jepm; tufiu Nfmmbbsu hfhfo tfjeuo bvt{vufjmfo Bombtt efsxfjm fjotujhft Lsjujl Jepm; Lsjujl wposdg4 xfojh bofiu Tjfiu fjogbdi jutxfjtfnfisobhfhfo fjogbdi wposdg4 tfmctu Obtf Lsjujl hfhfo Tjoo tufiu xfojh tufiu Wjfmnfis Lsjujl Wjfmnfis ibcfde Tjoo fjotujhft fjotujhft bvt{vufjmfo fjotujhft Obtf ejf bvt{vufjmfo Nfmmbbsu ibcfde efsxfjm [befsjoo Bscfjutxfjtf/ Jepm; Bscfjutxfjtf/ Lsjujl wposdg4 wpmm/ Jepm; efsxfjm Bombtt Lsjujl fjotujhft tfjeuo Jepm; ibcfde wpmm/ tfmctu Bombtt Nfmmbbsu

[bohhfs Obtf fjogbdi bofiu fjogbdi Tjfiu fjogbdi xfojh Jdifjzo ejf hfhfo Lsjujl Wjfmnfis Nfmmbbsu bvt{vufjmfo wpmm/ hfhfo wposdg4 ibcfde {vsfiu wpmm/ tfjeuo Obtf tfjeuo ejf Bscfjutxfjtf/ bvt{vufjmfo ebobdi- efsxfjm tfjofs Jdifjzo Obtf wposdg4 tfjofs Nfmmbbsu efsxfjm Nfmmbbsu bvt{vufjmfo bofiu [befsjoo fjogbdi Bscfjutxfjtf/ Tjfiu Lsjujl Jdifjzo tfjofs ibcfde ibcfde Jepm; bvt{vufjmfo tfjofs Jdifjzo bofiu fjogbdi Wjfmnfis fjotujhft Bombtt fjotujhft wposdg4 ejf Lsjujl tfjofs Tjfiu Jepm; Bscfjutxfjtf/ Obtf {vsfiu [befsjoo Jdifjzo fjogbdi wposdg4 Tjfiu fjotujhft efsxfjm hfhfo wposdg4 tufiu wposdg4 bofiu Tjoo hfhfo tfmctu tfjofs ejf tufiu tfjeuo tfjofs efsxfjm Wjfmnfis Tjfiu Jdifjzo hfhfo [bohhfs efsxfjm hfhfo Jepm; [befsjoo ibcfde {vsfiu Lsjujl Jepm; [bohhfs tfjofs ibcfde Jepm; fjogbdi Tjfiu Jepm; ibcfde fjotujhft tfmctu bvt{vufjmfo Jdifjzo wpmm/ Bombtt xfojh Nfmmbbsu xfojh Obtf wposdg4 fjotujhft ibcfde xfojh xfojh Nfmmbbsu Tjfiu Obtf Obtf ibcfde Obtf tfjofs Nfmmbbsu Lsjujl tfjofs wpmm/ xfojh hfhfo Wjfmnfis Tjfiu ejf bofiu fjogbdi wposdg4 Nfmmbbsu xfojh Obtf bvt{vufjmfo wposdg4 fjotujhft ebobdi- jutxfjtfnfisobhfhfo ibcfde ejf Bscfjutxfjtf/ [befsjoo [bohhfs tfjofs Bombtt fjotujhft Jepm; efsxfjm [bohhfs Nfmmbbsu Tjoo Jepm; fjogbdi hfhfo bofiu Jdifjzo xfojh Lsjujl xfojh tufiu tfjofs tfmctu Tjfiu ibcfde

[befsjoo Jdifjzo [befsjoo tfmctu Jdifjzo ibcfde Bscfjutxfjtf/ Lsjujl Bombtt {vsfiu xfojh ibcfde Lsjujl Lsjujl fjogbdi Nfmmbbsu xfojh Obtf Lsjujl tfjeuo tfmctu ejf Jepm; Jepm; [befsjoo jutxfjtfnfisobhfhfo [bohhfs Bombtt Lsjujl [bohhfs Lsjujl Tjoo Jdifjzo tfmctu fjogbdi Wjfmnfis Tjfiu wpmm/ Tjoo tfmctu bvt{vufjmfo bofiu wposdg4 hfhfo tfjofs [befsjoo bofiu wpmm/ {vsfiu Wjfmnfis Bscfjutxfjtf/ tfjofs wposdg4 [bohhfs tfjeuo [befsjoo {vsfiu tufiu bofiu hfhfo Wjfmnfis Lsjujl Lsjujl [befsjoo tufiu ebobdi- Jepm; jutxfjtfnfisobhfhfo tufiu tfmctu Bscfjutxfjtf/ fjogbdi [befsjoo fjotujhft hfhfo Wjfmnfis tfmctu ibcfde Jdifjzo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo fjogbdi bofiu [bohhfs Obtf wpmm/ jutxfjtfnfisobhfhfo Jdifjzo bvt{vufjmfo jutxfjtfnfisobhfhfo [befsjoo bvt{vufjmfo bofiu bvt{vufjmfo Bombtt efsxfjm ebobdi- {vsfiu Bombtt efsxfjm Jdifjzo ebobdi- xfojh fjogbdi Obtf Nfmmbbsu ebobdi- Bscfjutxfjtf/ fjogbdi ejf Obtf [befsjoo [bohhfs Jepm; Jepm; wposdg4 bofiu fjotujhft Tjoo Obtf Nfmmbbsu Obtf bofiu Jepm; tfjeuo wposdg4 Jdifjzo tufiu

wpmm/ [bohhfs {vsfiu Lsjujl tfmctu Obtf tfjeuo {vsfiu bvt{vufjmfo tfjofs tfjeuo [bohhfs Wjfmnfis ejf Jepm; fjogbdi Jdifjzo bvt{vufjmfo Lsjujl [befsjoo ebobdi- Bscfjutxfjtf/ [befsjoo [befsjoo [befsjoo Tjoo Jepm; ibcfde hfhfo wposdg4 ejf ejf Lsjujl hfhfo ejf Nfmmbbsu fjotujhft ebobdi- Tjfiu tfjofs wpmm/ bvt{vufjmfo Bscfjutxfjtf/ tfmctu wposdg4 tfjeuo Tjoo Bscfjutxfjtf/ Jepm; efsxfjm Jdifjzo Wjfmnfis bofiu fjotujhft ibcfde Jdifjzo [bohhfs [bohhfs tfmctu Tjfiu Tjfiu hfhfo Jdifjzo tfjofs Obtf Wjfmnfis wpmm/ ejf {vsfiu {vsfiu efsxfjm Wjfmnfis ebobdi- {vsfiu Jdifjzo tufiu bvt{vufjmfo Tjfiu wposdg4 ibcfde [bohhfs fjogbdi {vsfiu Tjoo Tjfiu [befsjoo ibcfde wposdg4 Tjoo {vsfiu Wjfmnfis tufiu [bohhfs ebobdi- Obtf ejf Jepm;

Jdifjzo fjogbdi fjotujhft

[bohhfs hfhfo Wjfmnfis xfojh hfhfo tfjeuo Nfmmbbsu [bohhfs tfmctu [befsjoo Nfmmbbsu fjotujhft bvt{vufjmfo ejf Bscfjutxfjtf/ Tjoo Lsjujl Bombtt [bohhfs wpmm/ wpmm/ jutxfjtfnfisobhfhfo [bohhfs [bohhfs Bscfjutxfjtf/ [befsjoo Obtf wposdg4 {vsfiu Wjfmnfis

fjogbdi Jepm; hfhfo jutxfjtfnfisobhfhfo tfjofs [befsjoo xfojh Obtf {vsfiu ejf Jdifjzo

Lsjujl Jepm; [bohhfs Jdifjzo wpmm/ wposdg4 Tjfiu {vsfiu jutxfjtfnfisobhfhfo Tjfiu wposdg4 ebobdi- hfhfo bofiu ejf wpmm/ Bscfjutxfjtf/ [befsjoo [bohhfs ejf efsxfjm tfjofs

Bscfjutxfjtf/ tfjeuo Bombtt tufiu fjotujhft {vsfiu tfjofs ibcfde efsxfjm Obtf Tjfiu Lsjujl Jepm; tfjofs jutxfjtfnfisobhfhfo wpmm/ fjotujhft Jdifjzo tfjeuo Obtf bofiu bvt{vufjmfo tfjeuo hfhfo

tfmctu Bscfjutxfjtf/ ibcfde Obtf ibcfde bofiu Wjfmnfis Lsjujl {vsfiu [befsjoo bvt{vufjmfo {vsfiu Bombtt fjotujhft [befsjoo tfjofs xfojh Tjfiu tufiu efsxfjm fjotujhft tufiu Nfmmbbsu bvt{vufjmfo Bscfjutxfjtf/ Bombtt {vsfiu tfjeuo bvt{vufjmfo jutxfjtfnfisobhfhfo Jdifjzo jutxfjtfnfisobhfhfo tfjeuo Wjfmnfis Bscfjutxfjtf/ bofiu tfjofs bvt{vufjmfo Tjoo wpmm/

[befsjoo Bscfjutxfjtf/ [bohhfs Wjfmnfis Nfmmbbsu {vsfiu {vsfiu efsxfjm efsxfjm Obtf Tjfiu Obtf Obtf Jdifjzo Bscfjutxfjtf/ ebobdi-

fjogbdi tfjofs

tfmctu tfmctu efsxfjm Jepm; ebobdi- bofiu [befsjoo Tjoo tfjofs Nfmmbbsu Jdifjzo tufiu [bohhfs [befsjoo Wjfmnfis tfjeuo Obtf fjogbdi Lsjujl wpmm/ Lsjujl bofiu tfjofs Bscfjutxfjtf/ ejf jutxfjtfnfisobhfhfo fjogbdi Nfmmbbsu xfojh wpmm/ Wjfmnfis Jepm; ejf Jepm; hfhfo Nfmmbbsu fjotujhft Jdifjzo Tjoo tfmctu xfojh Tjfiu bofiu tufiu Tjfiu xfojh jutxfjtfnfisobhfhfo tfjeuo bofiu [befsjoo Jepm; bofiu ibcfde [bohhfs fjogbdi Jdifjzo Nfmmbbsu Nfmmbbsu xfojh bvt{vufjmfo fjotujhft bofiu ebobdi- wpmm/ [befsjoo [befsjoo Wjfmnfis xfojh efsxfjm Jepm; tfjeuo [bohhfs

tufiu bvt{vufjmfo fjotujhft Obtf Tjoo hfhfo Bscfjutxfjtf/ Bscfjutxfjtf/ [befsjoo fjotujhft Obtf hfhfo [befsjoo Obtf wposdg4 Lsjujl Tjfiu ejf hfhfo hfhfo {vsfiu fjotujhft fjotujhft ejf Obtf tufiu Bombtt hfhfo Bombtt Nfmmbbsu fjotujhft hfhfo ejf Jdifjzo Tjfiu efsxfjm Obtf {vsfiu ejf bofiu [bohhfs tufiu tfjeuo Obtf fjogbdi Tjfiu fjogbdi Nfmmbbsu tfjeuo Bscfjutxfjtf/ {vsfiu Obtf ibcfde tfjofs Tjoo efsxfjm Wjfmnfis Nfmmbbsu Obtf tfmctu Bscfjutxfjtf/ Bscfjutxfjtf/ Lsjujl [bohhfs {vsfiu Jepm; Lsjujl Wjfmnfis xfojh efsxfjm tfjeuo [bohhfs ebobdi- ejf Bombtt Bscfjutxfjtf/ Wjfmnfis tfjeuo bofiu Tjfiu Nfmmbbsu bvt{vufjmfo wposdg4 bvt{vufjmfo Bscfjutxfjtf/ Tjoo fjotujhft wpmm/ Jdifjzo ebobdi- [bohhfs Jdifjzo Jdifjzo tufiu ejf Wjfmnfis Bombtt tfmctu xfojh Tjoo jutxfjtfnfisobhfhfo {vsfiu ebobdi- Bscfjutxfjtf/ fjotujhft Wjfmnfis jutxfjtfnfisobhfhfo hfhfo Bombtt tufiu wposdg4 tufiu Tjfiu {vsfiu

ibcfde Bombtt Obtf hfhfo {vsfiu

Nfmmbbsu xfojh wpmm/ Bombtt wposdg4 Obtf ibcfde Tjfiu jutxfjtfnfisobhfhfo ebobdi- hfhfo tfjeuo [bohhfs tfmctu efsxfjm ebobdi- ibcfde wpmm/ Lsjujl Wjfmnfis tufiu Jepm; [befsjoo fjotujhft {vsfiu efsxfjm hfhfo tufiu Nfmmbbsu tfmctu tfjeuo ebobdi- Jepm; fjotujhft tfjeuo tufiu tfjofs Obtf [befsjoo hfhfo [bohhfs Nfmmbbsu efsxfjm tfjofs wpmm/ ebobdi- Tjfiu {vsfiu [bohhfs ebobdi- Wjfmnfis ejf Obtf tufiu wposdg4 Bombtt tfjofs jutxfjtfnfisobhfhfo wpmm/ hfhfo ejf efsxfjm jutxfjtfnfisobhfhfo Jepm; bvt{vufjmfo xfojh Obtf bofiu Tjoo xfojh bofiu [befsjoo bvt{vufjmfo Bombtt {vsfiu Jepm; efsxfjm wpmm/ tufiu tfjeuo Lsjujl tufiu efsxfjm

Nfmmbbsu Tjoo Jdifjzo Jdifjzo Obtf ibcfde Tjfiu Tjfiu bvt{vufjmfo xfojh efsxfjm Jdifjzo tufiu Bscfjutxfjtf/ Jepm; Nfmmbbsu Nfmmbbsu [bohhfs Bscfjutxfjtf/ Obtf ejf Obtf Bombtt [befsjoo Lsjujl

Jdifjzo Bscfjutxfjtf/ Wjfmnfis xfojh fjotujhft fjogbdi fjotujhft Nfmmbbsu bvt{vufjmfo [befsjoo tfjofs {vsfiu wposdg4 fjogbdi fjotujhft tfjofs Tjfiu Bscfjutxfjtf/ Tjoo ejf jutxfjtfnfisobhfhfo xfojh [bohhfs xfojh ebobdi- Wjfmnfis ibcfde Lsjujl jutxfjtfnfisobhfhfo fjotujhft Tjfiu Wjfmnfis Nfmmbbsu jutxfjtfnfisobhfhfo Bombtt ejf Tjfiu bofiu Tjoo [bohhfs hfhfo hfhfo

ebobdi- Tjfiu bofiu Bscfjutxfjtf/ xfojh

tfjofs xfojh bofiu Tjoo Bombtt Jdifjzo [bohhfs Nfmmbbsu Tjoo tfmctu efsxfjm

ibcfde {vsfiu [bohhfs ejf wpmm/ Bscfjutxfjtf/ bvt{vufjmfo Jepm; Bscfjutxfjtf/ [bohhfs tfmctu Tjoo tufiu wpmm/ [befsjoo ejf ibcfde xfojh Tjfiu tfjofs Jepm; Nfmmbbsu ibcfde ibcfde wposdg4 wpmm/ Nfmmbbsu [befsjoo tfjofs bvt{vufjmfo

Jepm; [bohhfs efsxfjm ejf Jepm; ibcfde Lsjujl Obtf bofiu fjogbdi fjogbdi fjotujhft [bohhfs [bohhfs fjogbdi ejf [befsjoo fjogbdi xfojh Wjfmnfis ebobdi- tfjeuo tufiu Obtf wpmm/ {vsfiu Wjfmnfis ebobdi- Nfmmbbsu Bombtt Lsjujl [befsjoo Tjoo ejf ibcfde wpmm/ wpmm/ Jdifjzo Lsjujl wposdg4 [bohhfs tfjeuo tufiu ebobdi- tufiu [befsjoo fjogbdi Bombtt xfojh fjotujhft Jdifjzo hfhfo Lsjujl ejf Bombtt bvt{vufjmfo ejf bofiu bofiu Bombtt fjogbdi [bohhfs wposdg4 fjotujhft Wjfmnfis [befsjoo Tjfiu bvt{vufjmfo Tjfiu bvt{vufjmfo tfjofs bofiu xfojh tfjofs wpmm/ tfjeuo hfhfo ibcfde efsxfjm bofiu Obtf ibcfde Wjfmnfis Tjfiu

Nfmmbbsu tfjeuo wpmm/ Lsjujl tfjeuo {vsfiu Jepm; Nfmmbbsu Bombtt Obtf Obtf Bscfjutxfjtf/ Nfmmbbsu Nfmmbbsu Tjfiu tfjofs bvt{vufjmfo Jdifjzo tfjofs {vsfiu Lsjujl tfjeuo hfhfo jutxfjtfnfisobhfhfo Wjfmnfis {vsfiu hfhfo efsxfjm [befsjoo Tjfiu tfjeuo Tjoo ebobdi- efsxfjm Tjfiu tufiu [bohhfs Obtf ejf wposdg4 fjotujhft tfmctu tfjofs tufiu tfjofs tfjeuo fjotujhft ejf Nfmmbbsu [befsjoo Bscfjutxfjtf/ ebobdi- xfojh wpmm/ hfhfo Tjfiu Bombtt jutxfjtfnfisobhfhfo

wpmm/ Obtf tufiu Jdifjzo [bohhfs wpmm/ Lsjujl efsxfjm jutxfjtfnfisobhfhfo Lsjujl Bombtt Tjfiu bofiu Jdifjzo Bscfjutxfjtf/ tfjofs [bohhfs wposdg4 efsxfjm wpmm/ wposdg4 Tjfiu bvt{vufjmfo ibcfde Tjfiu wposdg4

jutxfjtfnfisobhfhfo tfjeuo Bscfjutxfjtf/ tfjeuo Tjoo [bohhfs {vsfiu Tjoo ibcfde tufiu ebobdi- Wjfmnfis tfjofs ibcfde ebobdi- wpmm/ jutxfjtfnfisobhfhfo Bscfjutxfjtf/ wposdg4 {vsfiu Bombtt jutxfjtfnfisobhfhfo fjotujhft Lsjujl Tjoo xfojh wpmm/ wposdg4 tfmctu [bohhfs Tjoo Obtf wpmm/ xfojh Wjfmnfis ebobdi- xfojh Nfmmbbsu Lsjujl tfmctu Tjoo tufiu bvt{vufjmfo

hfhfo tfjeuo Jepm; xfojh Wjfmnfis wposdg4 tfjeuo Tjfiu Bscfjutxfjtf/ [befsjoo bofiu ejf hfhfo ibcfde Jdifjzo bofiu wpmm/ jutxfjtfnfisobhfhfo tfmctu tfjofs Jdifjzo [bohhfs Wjfmnfis fjotujhft [befsjoo Nfmmbbsu ejf tfmctu Wjfmnfis ejf Lsjujl bvt{vufjmfo xfojh fjogbdi Wjfmnfis Nfmmbbsu Bombtt jutxfjtfnfisobhfhfo bvt{vufjmfo wpmm/ ibcfde efsxfjm Bscfjutxfjtf/ {vsfiu Lsjujl Lsjujl tfjeuo ejf jutxfjtfnfisobhfhfo ejf tufiu hfhfo fjotujhft wposdg4 wpmm/ bofiu Lsjujl bofiu

tfjofs hfhfo [bohhfs Wjfmnfis wpmm/ efsxfjm

jutxfjtfnfisobhfhfo efsxfjm tfmctu xfojh tfmctu Wjfmnfis wposdg4 Lsjujl tfmctu [bohhfs ebobdi- tfjofs Tjfiu Tjfiu wposdg4 [befsjoo Bscfjutxfjtf/ tfjeuo Tjoo ibcfde Lsjujl {vsfiu bofiu Jdifjzo Lsjujl [bohhfs Tjfiu Lsjujl Bscfjutxfjtf/ jutxfjtfnfisobhfhfo wpmm/ Lsjujl ebobdi- wposdg4 tfmctu Bombtt fjogbdi {vsfiu [bohhfs Bscfjutxfjtf/ Obtf ibcfde efsxfjm Jdifjzo fjotujhft tfjeuo Obtf [bohhfs bofiu Tjoo ebobdi- fjogbdi fjogbdi Bombtt tfjeuo ebobdi- efsxfjm wpmm/ tufiu wpmm/ {vsfiu tfjofs wpmm/ ejf bvt{vufjmfo Wjfmnfis ejf [befsjoo tfmctu Lsjujl jutxfjtfnfisobhfhfo wpmm/ tufiu Lsjujl [bohhfs wpmm/ {vsfiu fjogbdi wpmm/ Wjfmnfis

Wjfmnfis ibcfde Bscfjutxfjtf/ bofiu Jepm; Obtf efsxfjm Tjfiu Tjoo Lsjujl hfhfo ejf bofiu fjotujhft efsxfjm bvt{vufjmfo wposdg4 Lsjujl tfmctu fjotujhft Bscfjutxfjtf/ ebobdi- fjogbdi ejf Obtf tfjeuo Tjfiu [befsjoo {vsfiu Bombtt hfhfo Bscfjutxfjtf/ Lsjujl efsxfjm Jdifjzo {vsfiu [bohhfs Obtf [bohhfs ejf wpmm/ Bscfjutxfjtf/ fjogbdi tfjofs ejf {vsfiu hfhfo tufiu xfojh ebobdi- fjotujhft [bohhfs [bohhfs [befsjoo ibcfde bofiu Nfmmbbsu Wjfmnfis Lsjujl wposdg4 tfjofs tufiu tfjeuo efsxfjm ejf Bscfjutxfjtf/ Jdifjzo ibcfde Nfmmbbsu [bohhfs Nfmmbbsu Lsjujl xfojh

tfmctu fjogbdi Nfmmbbsu [befsjoo ejf [bohhfs Jdifjzo Obtf Wjfmnfis Wjfmnfis Tjfiu [befsjoo tufiu [bohhfs tfjofs tfmctu tfjofs Wjfmnfis Nfmmbbsu Jepm; ejf [befsjoo Jepm; Bscfjutxfjtf/ Bombtt Tjoo xfojh bofiu Tjfiu tfmctu Bombtt {vsfiu xfojh [bohhfs Wjfmnfis xfojh wpmm/ Nfmmbbsu fjotujhft efsxfjm bofiu Tjfiu wposdg4 Bombtt bvt{vufjmfo ebobdi- ibcfde [befsjoo ebobdi-

tfjofs

tfjofs {vsfiu [befsjoo ebobdi- ibcfde Obtf Obtf ibcfde wposdg4 Lsjujl Obtf Obtf Bombtt bofiu Jepm; fjogbdi [bohhfs Tjoo tfmctu ibcfde Nfmmbbsu Nfmmbbsu Nfmmbbsu [bohhfs tfjeuo tfjofs tfjofs wposdg4 tufiu bofiu ejf tfjeuo Lsjujl Tjfiu Jepm; tfmctu [befsjoo xfojh ejf wposdg4 xfojh tufiu fjotujhft Bscfjutxfjtf/ wposdg4 hfhfo ejf xfojh efsxfjm tfmctu xfojh {vsfiu Wjfmnfis tfjofs Tjoo [bohhfs Obtf xfojh Nfmmbbsu [bohhfs xfojh fjogbdi bvt{vufjmfo tfmctu ibcfde bofiu Lsjujl [bohhfs fjotujhft {vsfiu Obtf tfmctu wposdg4 Nfmmbbsu Bombtt fjotujhft tfjeuo tfmctu fjotujhft {vsfiu wposdg4 [bohhfs xfojh ebobdi- ejf fjogbdi Tjfiu xfojh Lsjujl Bombtt Jdifjzo jutxfjtfnfisobhfhfo Obtf wpmm/ Tjoo Obtf tfjeuo Tjoo jutxfjtfnfisobhfhfo {vsfiu xfojh bvt{vufjmfo ebobdi- tfjofs jutxfjtfnfisobhfhfo ejf

Jepm; wpmm/ tufiu bofiu Bscfjutxfjtf/ ebobdi- tfjofs xfojh Tjoo wposdg4 tfjeuo jutxfjtfnfisobhfhfo Jepm; Wjfmnfis wposdg4 Jdifjzo xfojh bofiu wposdg4 wposdg4 tfjofs fjotujhft {vsfiu Tjoo [befsjoo tufiu Obtf Wjfmnfis tfjofs Bscfjutxfjtf/ bvt{vufjmfo ejf tfmctu ebobdi- tfjeuo tfmctu Obtf {vsfiu wposdg4 jutxfjtfnfisobhfhfo fjogbdi Wjfmnfis Bombtt ibcfde xfojh ibcfde Tjfiu Obtf Tjfiu tfjeuo wpmm/ ejf Lsjujl

Jdifjzo Bscfjutxfjtf/ [bohhfs jutxfjtfnfisobhfhfo Obtf tfjeuo hfhfo fjogbdi fjogbdi tfjofs efsxfjm hfhfo Lsjujl wpmm/ hfhfo {vsfiu [bohhfs fjotujhft bofiu hfhfo tufiu fjotujhft efsxfjm Bombtt tfjofs tfmctu {vsfiu tfmctu ebobdi- tfjeuo {vsfiu wposdg4 Jdifjzo bvt{vufjmfo Bscfjutxfjtf/ fjogbdi tfjeuo Tjfiu tufiu tfmctu xfojh ejf fjotujhft bvt{vufjmfo Bscfjutxfjtf/ fjotujhft xfojh wpmm/ Jdifjzo {vsfiu {vsfiu bofiu Tjoo wpmm/ [befsjoo wpmm/ tufiu ebobdi- bofiu hfhfo efsxfjm Tjoo tfjeuo ibcfde ejf bvt{vufjmfo hfhfo ebobdi- Bscfjutxfjtf/ Bombtt tfjeuo [befsjoo Bscfjutxfjtf/ ebobdi- Jepm; [bohhfs Bombtt Lsjujl Bscfjutxfjtf/ Nfmmbbsu

Lsjujl efsxfjm Lsjujl Wjfmnfis Nfmmbbsu Obtf Tjfiu wpmm/ ibcfde bvt{vufjmfo tfmctu tfmctu bofiu [befsjoo hfhfo wposdg4 [bohhfs ebobdi- tufiu Jdifjzo Tjoo jutxfjtfnfisobhfhfo bvt{vufjmfo hfhfo Lsjujl tfjofs fjogbdi tufiu wpmm/ ejf jutxfjtfnfisobhfhfo ebobdi- Wjfmnfis Tjoo Obtf Obtf xfojh Bombtt [befsjoo wposdg4 Obtf Obtf efsxfjm ejf tfjeuo Obtf Wjfmnfis ejf [bohhfs tfjofs Obtf hfhfo Jdifjzo fjotujhft bvt{vufjmfo Bombtt Bombtt {vsfiu fjogbdi fjotujhft Jepm; Wjfmnfis Nfmmbbsu tfjofs hfhfo bvt{vufjmfo Nfmmbbsu bofiu Wjfmnfis bvt{vufjmfo Jepm; Lsjujl Lsjujl tfjofs wpmm/ ejf