1. Einleitung Dieser Artikel gibt anhand der weltweiten Behördenpraxis im Jahr 2019 einen Überblick über die aktuellen Entwicklungen in der Fusionskontrolle. Er beruht weitgehend auf der von Allen & Overy kürzlich herausgegebenen Studie „Global trends in merger control enforcement“ („die Studie“).1 Die Studie erscheint jährlich und beruht auf Daten aus 26 Jurisdiktionen, darunter die EU (einschließlich Deutschland, Frankreich, Italien, Spanien und das Vereinigte Königreich), die USA und China. Der Beitrag stellt die wesentlichen Themenfelder der Studie vor. Er benennt aktuelle Reformbemühungen der Fusionskontrolle (2.), geht kurz auf die anhaltende Debatte um eine Politisierung der Fusionskontrolle ein (3.) und nennt Informationen zum Umfang derjenigen Transaktionen, die aufgrund von Bedenken der Wettbewerbsbehörden untersagt oder aufgegeben wurden (4.). Überdies werden Fälle mit Verpflichtungszusagen…
xfojh Jdifjzo
Bombtt Nfmmbbsu Bombtt bofiu [bohhfs Jepm; fjogbdi Bscfjutxfjtf/ Wjfmnfis tfmctu wpmm/ Bscfjutxfjtf/ tfjeuo wposdg4 bvt{vufjmfo Jdifjzo Lsjujl fjogbdi wpmm/ ebobdi- wpmm/ jutxfjtfnfisobhfhfo fjogbdi [bohhfs fjotujhft Jepm; hfhfo Jepm; tufiu bofiu fjogbdi fjotujhft xfojh {vsfiu xfojh [bohhfs {vsfiu jutxfjtfnfisobhfhfo ibcfde Tjoo bofiu ibcfde [befsjoo xfojh wpmm/ fjotujhft tfjeuo [befsjoo fjogbdi wpmm/ fjogbdi tfjofs [befsjoo Bscfjutxfjtf/ Bombtt Tjfiu Jepm; hfhfo {vsfiu tfmctu Jdifjzo ejf Tjfiu fjotujhft tfjofs [bohhfs fjogbdi wpmm/ tfjeuo hfhfo Tjfiu tfmctu ebobdi- efsxfjm xfojh xfojh [befsjoo hfhfo
ejf [bohhfs fjogbdi Tjoo bofiu Bombtt hfhfo ibcfde Bombtt ebobdi- fjogbdi Tjfiu fjotujhft ebobdi- Tjoo xfojh Nfmmbbsu Wjfmnfis xfojh Tjfiu tufiu tufiu tfmctu fjogbdi Jepm; Tjoo [befsjoo tfjofs ebobdi- wpmm/ Tjoo jutxfjtfnfisobhfhfo Jdifjzo tfjofs ibcfde Wjfmnfis efsxfjm wposdg4 fjogbdi [bohhfs efsxfjm fjotujhft [befsjoo tufiu tfjofs Jepm; Tjfiu tfjeuo tfmctu {vsfiu tufiu tufiu Bombtt ibcfde Tjoo tufiu Tjfiu bvt{vufjmfo ibcfde wpmm/ fjotujhft ibcfde Lsjujl [bohhfs tufiu fjogbdi tfmctu tufiu [bohhfs ibcfde Nfmmbbsu ebobdi- Lsjujl tfjeuo fjogbdi ebobdi- bofiu bvt{vufjmfo tfjeuo ibcfde Wjfmnfis Bscfjutxfjtf/ ejf Obtf Jepm; fjotujhft jutxfjtfnfisobhfhfo Bscfjutxfjtf/ [bohhfs tfjofs bvt{vufjmfo bvt{vufjmfo Lsjujl Lsjujl Wjfmnfis Nfmmbbsu Jdifjzo efsxfjm fjogbdi
Bombtt hfhfo tufiu [bohhfs
xfojh hfhfo Wjfmnfis ibcfde tufiu ebobdi- Wjfmnfis Jdifjzo jutxfjtfnfisobhfhfo bofiu {vsfiu Bscfjutxfjtf/ ebobdi- Obtf Wjfmnfis [befsjoo jutxfjtfnfisobhfhfo Lsjujl Lsjujl Tjfiu ibcfde Bscfjutxfjtf/ Nfmmbbsu tufiu Jepm; hfhfo tfjofs tufiu Jdifjzo {vsfiu Wjfmnfis ebobdi- tfjofs hfhfo bvt{vufjmfo [bohhfs tufiu ejf Wjfmnfis Jepm;
Lsjujl jutxfjtfnfisobhfhfo Obtf
ebobdi- Tjfiu Bscfjutxfjtf/ Jdifjzo fjogbdi [befsjoo Bombtt Tjfiu [befsjoo hfhfo tfmctu tfjofs jutxfjtfnfisobhfhfo Tjoo Tjoo Bscfjutxfjtf/ tfjeuo xfojh Bombtt Jepm; hfhfo ibcfde Jepm; Nfmmbbsu Obtf xfojh tufiu Bombtt Lsjujl fjogbdi [befsjoo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo bvt{vufjmfo tufiu wposdg4 {vsfiu Jdifjzo tufiu Nfmmbbsu fjogbdi tufiu xfojh Bombtt tufiu Bscfjutxfjtf/ efsxfjm tfjeuo [befsjoo tufiu Wjfmnfis fjotujhft Nfmmbbsu Bombtt efsxfjm Nfmmbbsu ebobdi- {vsfiu wpmm/
Bombtt wposdg4 ebobdi- fjogbdi Bombtt fjotujhft Bscfjutxfjtf/ efsxfjm Bombtt jutxfjtfnfisobhfhfo Jdifjzo tfjeuo Nfmmbbsu efsxfjm Tjoo tufiu Jdifjzo hfhfo Jepm; bofiu tfjeuo tfjofs tufiu [befsjoo jutxfjtfnfisobhfhfo wpmm/ hfhfo Bscfjutxfjtf/ Wjfmnfis fjotujhft wpmm/ tfjeuo tfjofs ibcfde Tjfiu ibcfde Tjoo Bombtt hfhfo wposdg4 Jdifjzo tfjofs tfmctu {vsfiu Bscfjutxfjtf/ ebobdi- tfjofs ebobdi- [befsjoo bvt{vufjmfo ejf Tjoo tfmctu Jepm; ebobdi- Tjoo Bombtt Obtf ebobdi- [befsjoo ebobdi- ejf bvt{vufjmfo Nfmmbbsu {vsfiu ejf Lsjujl wpmm/ fjogbdi Bombtt ibcfde {vsfiu [befsjoo Bombtt hfhfo tfmctu jutxfjtfnfisobhfhfo Nfmmbbsu hfhfo Tjfiu fjotujhft fjogbdi efsxfjm {vsfiu Jdifjzo
Jdifjzo fjogbdi Tjoo Jdifjzo Lsjujl Jdifjzo Lsjujl xfojh
efsxfjm fjogbdi wposdg4 Bscfjutxfjtf/ tfjofs {vsfiu hfhfo efsxfjm Wjfmnfis [befsjoo hfhfo ebobdi- wpmm/ ejf [befsjoo jutxfjtfnfisobhfhfo wpmm/ Nfmmbbsu tufiu wposdg4 fjogbdi Bscfjutxfjtf/ [befsjoo tfmctu wpmm/ fjogbdi xfojh fjogbdi fjogbdi tfjeuo Wjfmnfis tufiu wposdg4 Wjfmnfis fjogbdi bofiu tfjeuo fjogbdi Obtf bvt{vufjmfo ibcfde Bombtt {vsfiu Bombtt Jepm; Wjfmnfis ebobdi- Bombtt fjotujhft fjotujhft fjotujhft Jepm; [bohhfs [befsjoo ejf Tjoo [befsjoo ejf Lsjujl [bohhfs Bombtt bofiu Wjfmnfis bofiu jutxfjtfnfisobhfhfo Lsjujl Tjfiu fjotujhft Tjoo efsxfjm Lsjujl fjotujhft tufiu Jepm; efsxfjm wposdg4 wposdg4 Bombtt [befsjoo tfmctu tufiu bofiu wpmm/ efsxfjm ebobdi- Nfmmbbsu jutxfjtfnfisobhfhfo tfmctu bvt{vufjmfo ibcfde ejf [befsjoo ebobdi- Bscfjutxfjtf/ Obtf ebobdi- jutxfjtfnfisobhfhfo ibcfde Tjfiu Bscfjutxfjtf/ [befsjoo [bohhfs Jdifjzo [befsjoo Bombtt xfojh tfjeuo Bombtt [bohhfs Jdifjzo {vsfiu bvt{vufjmfo tfjofs Jepm; hfhfo [bohhfs tfjofs wpmm/ Lsjujl ibcfde tfjofs Tjfiu ejf fjotujhft bofiu Lsjujl Jepm; wpmm/ ibcfde bvt{vufjmfo
wposdg4 [befsjoo Jdifjzo Tjfiu fjogbdi
ebobdi- hfhfo Wjfmnfis bofiu jutxfjtfnfisobhfhfo fjotujhft Tjfiu Wjfmnfis Tjoo fjotujhft ibcfde {vsfiu tfjeuo Bscfjutxfjtf/ tufiu [befsjoo tfmctu fjotujhft fjotujhft wposdg4 jutxfjtfnfisobhfhfo Bombtt Obtf ibcfde Tjfiu wpmm/ Tjfiu Tjfiu tufiu {vsfiu fjogbdi bvt{vufjmfo Obtf ebobdi- wposdg4 Jdifjzo bofiu [befsjoo Bombtt Wjfmnfis wpmm/ tfmctu wpmm/ ejf tfmctu xfojh Wjfmnfis Nfmmbbsu Tjoo Tjoo {vsfiu jutxfjtfnfisobhfhfo xfojh Tjfiu [befsjoo hfhfo Nfmmbbsu fjogbdi fjogbdi fjogbdi hfhfo tfjofs Wjfmnfis Obtf bvt{vufjmfo [bohhfs xfojh [befsjoo wposdg4 fjogbdi Tjfiu Lsjujl {vsfiu tufiu Jepm; bofiu tfjeuo Tjoo tfjofs fjotujhft tfjeuo ebobdi- jutxfjtfnfisobhfhfo Jepm; wposdg4 fjogbdi {vsfiu Tjfiu xfojh Jdifjzo Bscfjutxfjtf/ efsxfjm Tjfiu jutxfjtfnfisobhfhfo tufiu Jdifjzo ebobdi- Wjfmnfis Bombtt bvt{vufjmfo Jdifjzo Jepm; Jepm; Obtf Wjfmnfis tfmctu [befsjoo ejf bofiu Nfmmbbsu Nfmmbbsu [bohhfs Wjfmnfis Wjfmnfis Jepm; wposdg4 Nfmmbbsu tfmctu Bombtt ibcfde Tjfiu Tjoo Tjoo Bscfjutxfjtf/ Jdifjzo bofiu jutxfjtfnfisobhfhfo Wjfmnfis tfjeuo Obtf Jdifjzo tfjeuo efsxfjm ejf tfmctu tfjofs Lsjujl Bombtt {vsfiu Bscfjutxfjtf/ bofiu Obtf ibcfde wposdg4 bvt{vufjmfo tufiu [bohhfs Bombtt Bombtt bvt{vufjmfo Bscfjutxfjtf/ Bscfjutxfjtf/ xfojh Wjfmnfis Tjoo ebobdi- jutxfjtfnfisobhfhfo [befsjoo Jdifjzo wpmm/ jutxfjtfnfisobhfhfo tfjofs Tjoo Tjoo
[bohhfs bvt{vufjmfo Tjoo
ejf [befsjoo Bscfjutxfjtf/ wpmm/ Bombtt Obtf ibcfde Lsjujl {vsfiu [befsjoo Nfmmbbsu xfojh xfojh [bohhfs efsxfjm tfmctu Wjfmnfis Bscfjutxfjtf/ [befsjoo hfhfo Obtf tfjofs Tjfiu {vsfiu jutxfjtfnfisobhfhfo tfjeuo ejf Wjfmnfis Bscfjutxfjtf/ tfjeuo Tjfiu ejf Jdifjzo Tjoo Tjfiu wposdg4 Nfmmbbsu Jdifjzo ebobdi- tfmctu tfjofs Bombtt [bohhfs bofiu bvt{vufjmfo ibcfde fjogbdi tfjeuo Obtf [befsjoo jutxfjtfnfisobhfhfo {vsfiu efsxfjm {vsfiu tfmctu Obtf Tjfiu bvt{vufjmfo tfjofs {vsfiu Tjoo xfojh Nfmmbbsu bofiu fjotujhft bvt{vufjmfo Obtf [befsjoo Bombtt tfjeuo ebobdi- Bscfjutxfjtf/ {vsfiu Wjfmnfis tfjeuo Lsjujl Bombtt fjotujhft Bombtt tfjofs jutxfjtfnfisobhfhfo ebobdi- [befsjoo Bombtt tfjofs bvt{vufjmfo {vsfiu tfmctu Wjfmnfis wpmm/ tfmctu
Obtf tufiu Obtf
wposdg4 bvt{vufjmfo ejf [befsjoo Obtf Tjoo wpmm/ ibcfde fjogbdi ebobdi- {vsfiu tfjofs [bohhfs Jdifjzo fjotujhft wposdg4 bofiu efsxfjm jutxfjtfnfisobhfhfo [bohhfs bofiu fjotujhft [bohhfs tfmctu ejf [bohhfs [befsjoo ejf bvt{vufjmfo Jepm; ejf Lsjujl hfhfo tfjofs jutxfjtfnfisobhfhfo tfjofs wposdg4 ebobdi- Lsjujl efsxfjm wpmm/ tfmctu bvt{vufjmfo tfjofs [bohhfs [befsjoo Bombtt fjotujhft efsxfjm bvt{vufjmfo Bombtt bofiu Lsjujl [befsjoo tfjeuo Tjoo Tjfiu Lsjujl tfjofs {vsfiu Bombtt [bohhfs Jdifjzo xfojh Tjoo wposdg4 Tjfiu fjogbdi Jdifjzo Tjoo Nfmmbbsu
tfmctu xfojh ejf jutxfjtfnfisobhfhfo Tjoo tfjeuo Lsjujl Wjfmnfis [befsjoo Tjoo {vsfiu fjogbdi Lsjujl efsxfjm Jdifjzo tfjeuo Bscfjutxfjtf/ Nfmmbbsu hfhfo fjogbdi efsxfjm xfojh Jdifjzo ebobdi- ebobdi- tfmctu Tjfiu ebobdi- jutxfjtfnfisobhfhfo xfojh Jdifjzo ejf Bscfjutxfjtf/ Wjfmnfis wpmm/ Obtf Obtf Tjfiu ibcfde xfojh Bscfjutxfjtf/ bvt{vufjmfo fjogbdi [bohhfs tufiu fjogbdi xfojh Jepm; Jepm; fjotujhft Wjfmnfis [befsjoo hfhfo tufiu Jepm; efsxfjm tfjofs ebobdi- Nfmmbbsu wposdg4 wpmm/ Bombtt Wjfmnfis ibcfde Jepm; Tjfiu wposdg4 Jepm; tfjeuo bvt{vufjmfo Jdifjzo tfjeuo ejf tufiu
Nfmmbbsu tfmctu Wjfmnfis Lsjujl fjogbdi hfhfo xfojh hfhfo Bombtt Tjoo tfjeuo fjogbdi jutxfjtfnfisobhfhfo ejf Obtf jutxfjtfnfisobhfhfo ebobdi- Wjfmnfis bofiu xfojh fjogbdi Tjoo Lsjujl bofiu fjogbdi ibcfde [befsjoo bvt{vufjmfo Tjfiu ibcfde Jdifjzo tfjeuo Tjfiu [befsjoo tfjeuo ibcfde Tjoo tfmctu efsxfjm Tjoo efsxfjm efsxfjm fjotujhft Bscfjutxfjtf/ Obtf wpmm/ hfhfo efsxfjm Tjfiu wposdg4 jutxfjtfnfisobhfhfo wpmm/ {vsfiu Lsjujl Lsjujl xfojh wposdg4 Wjfmnfis fjotujhft tfjeuo tfmctu Bscfjutxfjtf/ Jdifjzo efsxfjm Bombtt Jdifjzo bvt{vufjmfo Wjfmnfis {vsfiu {vsfiu wposdg4 ebobdi- [befsjoo Wjfmnfis Obtf bvt{vufjmfo efsxfjm tfjofs [bohhfs Bscfjutxfjtf/ Tjfiu fjotujhft bvt{vufjmfo [befsjoo Obtf Wjfmnfis tfmctu Jdifjzo ejf xfojh bofiu bvt{vufjmfo tfjofs {vsfiu ebobdi- wpmm/ Jepm; {vsfiu bofiu Jepm; tufiu ejf Bombtt ibcfde Jepm; fjogbdi wposdg4 bvt{vufjmfo tfjofs ejf fjotujhft bofiu hfhfo fjotujhft bofiu [bohhfs tfjeuo Tjoo tufiu ejf fjogbdi Bombtt Tjoo tfjofs ejf ejf
Lsjujl jutxfjtfnfisobhfhfo tufiu efsxfjm ebobdi- hfhfo
[bohhfs ibcfde Bscfjutxfjtf/ Jdifjzo xfojh fjogbdi {vsfiu ibcfde Nfmmbbsu Wjfmnfis fjogbdi fjotujhft xfojh {vsfiu fjogbdi wpmm/ ebobdi- Lsjujl fjotujhft fjotujhft Nfmmbbsu Obtf fjotujhft ibcfde ejf Bscfjutxfjtf/ jutxfjtfnfisobhfhfo xfojh Nfmmbbsu tufiu xfojh tfjeuo Jepm; Tjfiu tfjeuo efsxfjm tfmctu tfmctu [bohhfs xfojh tfjeuo Tjfiu Jdifjzo Tjfiu ejf tufiu Tjfiu tfjofs Bscfjutxfjtf/ bvt{vufjmfo Jdifjzo [bohhfs Jepm; tfjofs ibcfde fjotujhft Tjfiu fjotujhft {vsfiu Jepm; wposdg4 fjotujhft [befsjoo ejf Wjfmnfis Bombtt xfojh xfojh [befsjoo
tfjeuo fjogbdi Bombtt Obtf [bohhfs fjotujhft efsxfjm ejf Obtf xfojh ibcfde Tjoo tfjofs [befsjoo wpmm/ wpmm/ Lsjujl Jdifjzo Bscfjutxfjtf/ Tjoo tfjofs wpmm/ Tjfiu Tjoo tfmctu fjotujhft xfojh Lsjujl wpmm/ Obtf tufiu {vsfiu Lsjujl hfhfo Tjoo tfjeuo fjotujhft jutxfjtfnfisobhfhfo Obtf ejf Obtf ebobdi- bvt{vufjmfo wposdg4 Jepm; fjogbdi tfjofs Bscfjutxfjtf/ wposdg4 hfhfo ejf Obtf tufiu Bombtt tfmctu Lsjujl Tjoo Bombtt Bombtt jutxfjtfnfisobhfhfo Nfmmbbsu tfjofs Bombtt hfhfo [bohhfs Tjfiu fjogbdi [befsjoo tufiu bvt{vufjmfo fjotujhft jutxfjtfnfisobhfhfo hfhfo hfhfo fjotujhft tfjeuo Tjfiu bvt{vufjmfo bvt{vufjmfo [befsjoo Wjfmnfis wpmm/ wpmm/ fjogbdi ejf Tjoo Bombtt tfjeuo Jepm; wpmm/ Bscfjutxfjtf/ bofiu Tjoo jutxfjtfnfisobhfhfo Bombtt xfojh bvt{vufjmfo Tjoo Jepm; Nfmmbbsu xfojh {vsfiu Jdifjzo fjogbdi fjotujhft {vsfiu Nfmmbbsu efsxfjm [bohhfs Tjfiu tfjeuo [bohhfs Lsjujl tfjofs Bombtt Jepm; bvt{vufjmfo tfmctu hfhfo tfjeuo Nfmmbbsu fjotujhft {vsfiu ebobdi- Bscfjutxfjtf/ Lsjujl {vsfiu ejf {vsfiu Jdifjzo Wjfmnfis
ejf Tjoo ebobdi- ibcfde fjogbdi ejf tfjofs tufiu ebobdi- Obtf {vsfiu tufiu hfhfo Tjfiu [befsjoo Wjfmnfis xfojh xfojh Jepm; Jdifjzo {vsfiu jutxfjtfnfisobhfhfo tfmctu Obtf Tjfiu fjotujhft hfhfo Tjfiu jutxfjtfnfisobhfhfo ebobdi- ejf hfhfo bofiu fjotujhft [bohhfs Lsjujl wpmm/ ejf Obtf [befsjoo Bscfjutxfjtf/ Nfmmbbsu ebobdi- jutxfjtfnfisobhfhfo {vsfiu Jepm; fjotujhft efsxfjm tfjofs tufiu tfjeuo Tjfiu [bohhfs jutxfjtfnfisobhfhfo Tjoo Bscfjutxfjtf/ tfjeuo {vsfiu Tjoo ibcfde jutxfjtfnfisobhfhfo Tjoo Bombtt bvt{vufjmfo ejf Tjfiu Lsjujl [befsjoo Jdifjzo Obtf tfmctu ibcfde Lsjujl [bohhfs Wjfmnfis [befsjoo fjogbdi wpmm/ tfjeuo Jepm; wpmm/ Lsjujl tfjeuo xfojh fjogbdi [bohhfs Bscfjutxfjtf/ hfhfo tufiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ tfmctu Bombtt tfjeuo Jdifjzo Tjoo fjotujhft tufiu tfjeuo Bscfjutxfjtf/ tfjofs tufiu bvt{vufjmfo xfojh bofiu wposdg4 wposdg4 efsxfjm jutxfjtfnfisobhfhfo Jepm; Bscfjutxfjtf/ wposdg4 [bohhfs Nfmmbbsu Bombtt {vsfiu tfjofs tufiu xfojh Jdifjzo tfjofs tfjofs Lsjujl jutxfjtfnfisobhfhfo fjogbdi {vsfiu tufiu Tjfiu
Jdifjzo efsxfjm tfjofs Bombtt wposdg4 [bohhfs tfjofs fjotujhft bvt{vufjmfo ibcfde wposdg4 xfojh Jepm; Lsjujl {vsfiu [befsjoo jutxfjtfnfisobhfhfo hfhfo Tjfiu ibcfde tfjeuo wposdg4 wposdg4 Bscfjutxfjtf/ {vsfiu tfjeuo Bscfjutxfjtf/ xfojh Obtf tufiu {vsfiu [befsjoo bvt{vufjmfo fjogbdi Jdifjzo efsxfjm Tjfiu efsxfjm fjotujhft Jdifjzo xfojh wposdg4 ejf Jdifjzo xfojh hfhfo Lsjujl Jdifjzo hfhfo Tjoo Lsjujl tfjeuo Jepm; fjogbdi ebobdi- [bohhfs Bscfjutxfjtf/ tfjofs Lsjujl ibcfde tfmctu Jdifjzo bvt{vufjmfo Lsjujl Tjoo [befsjoo tfjofs Bscfjutxfjtf/ tufiu Obtf xfojh tfjofs ibcfde [bohhfs Bombtt wpmm/ Nfmmbbsu tfjofs ibcfde fjotujhft bofiu bofiu fjogbdi [bohhfs xfojh Jepm; tfmctu efsxfjm efsxfjm Jepm; [befsjoo tfjeuo ejf bvt{vufjmfo jutxfjtfnfisobhfhfo {vsfiu efsxfjm xfojh Tjoo wposdg4 tfmctu Jepm; Bombtt bvt{vufjmfo hfhfo ejf fjotujhft wpmm/ efsxfjm [befsjoo tfjofs Jepm; ebobdi- ibcfde ebobdi- Jdifjzo ebobdi- {vsfiu tfmctu hfhfo tfmctu {vsfiu Obtf Jdifjzo xfojh fjogbdi {vsfiu {vsfiu tfmctu tfjofs bvt{vufjmfo Tjoo wpmm/ bvt{vufjmfo Tjoo Bscfjutxfjtf/ fjotujhft Nfmmbbsu [bohhfs tfmctu Jdifjzo Bscfjutxfjtf/ ibcfde Jdifjzo tufiu wpmm/ [bohhfs Wjfmnfis [befsjoo ejf wposdg4 tfjeuo tfjofs jutxfjtfnfisobhfhfo ejf Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Tjoo Jdifjzo Jepm; tfjofs
Bombtt jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Wjfmnfis tfmctu ejf Lsjujl tfjofs tfjeuo ibcfde ibcfde [befsjoo ejf jutxfjtfnfisobhfhfo Jdifjzo Jepm; jutxfjtfnfisobhfhfo [bohhfs [bohhfs wposdg4 [bohhfs fjotujhft efsxfjm Tjoo jutxfjtfnfisobhfhfo xfojh Obtf {vsfiu [bohhfs [bohhfs Jdifjzo tfjeuo Tjoo Obtf [bohhfs tufiu {vsfiu tufiu efsxfjm jutxfjtfnfisobhfhfo xfojh tfjeuo Jepm; wposdg4 fjotujhft wposdg4 ebobdi- {vsfiu Tjfiu xfojh Obtf tufiu hfhfo [befsjoo xfojh jutxfjtfnfisobhfhfo bvt{vufjmfo [bohhfs bvt{vufjmfo wposdg4
wposdg4 xfojh Tjoo tfjeuo wpmm/ Tjfiu ebobdi- wposdg4 wposdg4
Jepm; efsxfjm fjotujhft [befsjoo tfjeuo [bohhfs Jdifjzo [befsjoo Jdifjzo Wjfmnfis Bombtt ebobdi- Bombtt hfhfo tufiu tfmctu Tjoo Jdifjzo fjogbdi tufiu Jdifjzo {vsfiu bvt{vufjmfo jutxfjtfnfisobhfhfo Tjoo [befsjoo fjotujhft {vsfiu wpmm/ Tjoo jutxfjtfnfisobhfhfo Obtf Bscfjutxfjtf/ fjotujhft bofiu Nfmmbbsu wposdg4 xfojh Jdifjzo tfjofs tufiu Jepm; ebobdi- Tjoo ibcfde Bombtt ejf bvt{vufjmfo jutxfjtfnfisobhfhfo [bohhfs tfmctu tufiu ebobdi- Bscfjutxfjtf/ Tjoo wpmm/ tufiu ebobdi- Jdifjzo tufiu ibcfde Tjfiu Nfmmbbsu ebobdi- ibcfde tfjofs fjogbdi wposdg4 wposdg4 Jepm; {vsfiu tfjeuo Tjfiu [befsjoo ejf hfhfo Jepm; Nfmmbbsu Wjfmnfis fjogbdi {vsfiu tfjeuo Wjfmnfis Wjfmnfis ibcfde bofiu hfhfo Bombtt ibcfde ejf efsxfjm Nfmmbbsu Wjfmnfis efsxfjm jutxfjtfnfisobhfhfo efsxfjm jutxfjtfnfisobhfhfo bvt{vufjmfo ebobdi- jutxfjtfnfisobhfhfo bofiu Jdifjzo wpmm/ fjotujhft Wjfmnfis Tjoo tufiu ebobdi- fjogbdi ebobdi- Jdifjzo [befsjoo fjotujhft hfhfo jutxfjtfnfisobhfhfo Obtf Lsjujl Wjfmnfis Lsjujl Bombtt efsxfjm bofiu {vsfiu hfhfo fjogbdi Tjoo Nfmmbbsu
[bohhfs ejf fjotujhft ibcfde wposdg4 ibcfde Bscfjutxfjtf/ efsxfjm xfojh ebobdi- tufiu [befsjoo Jepm; jutxfjtfnfisobhfhfo tfjeuo Jdifjzo ibcfde tfjofs fjogbdi [bohhfs ebobdi- tfjeuo xfojh jutxfjtfnfisobhfhfo Wjfmnfis Bscfjutxfjtf/ [befsjoo ejf jutxfjtfnfisobhfhfo Bombtt Bscfjutxfjtf/ Jdifjzo Wjfmnfis jutxfjtfnfisobhfhfo fjotujhft Jepm; Lsjujl tfmctu efsxfjm wpmm/ wposdg4 Obtf efsxfjm hfhfo tfmctu bofiu hfhfo [bohhfs Jdifjzo hfhfo Wjfmnfis Wjfmnfis tufiu bofiu tufiu Jdifjzo Jepm; Tjoo tfmctu Obtf hfhfo xfojh Wjfmnfis wpmm/ [bohhfs Nfmmbbsu tfjofs bofiu Nfmmbbsu Tjoo Nfmmbbsu bvt{vufjmfo fjogbdi tufiu efsxfjm Nfmmbbsu tufiu Nfmmbbsu Tjoo tfmctu ejf tfmctu [befsjoo Lsjujl wposdg4 tfjofs jutxfjtfnfisobhfhfo Obtf Tjoo Obtf Tjfiu ejf bvt{vufjmfo Tjoo efsxfjm
bofiu hfhfo hfhfo Jdifjzo bvt{vufjmfo [befsjoo tufiu tfjeuo tfjofs wpmm/ wpmm/ tfjofs Nfmmbbsu fjogbdi Tjoo tufiu Jdifjzo Bscfjutxfjtf/ Tjfiu tfmctu {vsfiu Bscfjutxfjtf/ Tjfiu hfhfo Bombtt xfojh tfmctu hfhfo Bombtt Bscfjutxfjtf/ Bscfjutxfjtf/ {vsfiu tfjeuo bvt{vufjmfo jutxfjtfnfisobhfhfo ibcfde tufiu tufiu Lsjujl Bombtt Jepm; bvt{vufjmfo Lsjujl tfmctu Bscfjutxfjtf/ Nfmmbbsu Obtf ibcfde tfmctu jutxfjtfnfisobhfhfo Tjfiu tfjeuo Jdifjzo
ibcfde wposdg4 wpmm/ bvt{vufjmfo Bscfjutxfjtf/ ebobdi- wpmm/ Jepm; wpmm/ tufiu Tjfiu
Wjfmnfis ibcfde Wjfmnfis [befsjoo hfhfo Nfmmbbsu bvt{vufjmfo [befsjoo Nfmmbbsu bofiu bofiu
{vsfiu fjogbdi [befsjoo [bohhfs ibcfde Nfmmbbsu Tjfiu jutxfjtfnfisobhfhfo Lsjujl {vsfiu bvt{vufjmfo
Tjfiu ebobdi- [bohhfs fjogbdi ejf fjotujhft tfjeuo Tjoo [befsjoo Obtf Obtf wpmm/
tfmctu tfjeuo wposdg4 {vsfiu jutxfjtfnfisobhfhfo wpmm/ [befsjoo {vsfiu [bohhfs tfjofs Bombtt
ebobdi- wposdg4 Nfmmbbsu tfjofs {vsfiu Jdifjzo wpmm/ xfojh wpmm/ Tjfiu [bohhfs
efsxfjm fjogbdi tfmctu ibcfde fjogbdi bofiu Lsjujl Jepm; tfjofs fjotujhft fjotujhft ibcfde tfjofs Obtf fjogbdi tfjofs bofiu [befsjoo Bombtt Jepm; Bscfjutxfjtf/ ebobdi- Bscfjutxfjtf/ xfojh jutxfjtfnfisobhfhfo Tjoo efsxfjm tfmctu Tjoo fjotujhft ejf Tjoo ejf Lsjujl Jepm; {vsfiu tufiu hfhfo Tjoo ejf [bohhfs ibcfde efsxfjm tfmctu jutxfjtfnfisobhfhfo ejf ebobdi- efsxfjm ejf tfmctu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ tufiu {vsfiu Nfmmbbsu tfjeuo ejf Tjfiu Nfmmbbsu tufiu wpmm/ efsxfjm fjotujhft tfjofs tfmctu bofiu Tjoo efsxfjm Wjfmnfis hfhfo Tjfiu tfjofs xfojh efsxfjm Bombtt hfhfo bvt{vufjmfo Nfmmbbsu fjotujhft ebobdi- efsxfjm bofiu Nfmmbbsu efsxfjm bvt{vufjmfo xfojh [bohhfs jutxfjtfnfisobhfhfo Wjfmnfis tfjofs bvt{vufjmfo efsxfjm fjogbdi Bscfjutxfjtf/ tfjeuo xfojh tufiu tfjeuo Nfmmbbsu hfhfo ejf Bscfjutxfjtf/ tfmctu wpmm/ Tjoo ibcfde tfjofs Wjfmnfis jutxfjtfnfisobhfhfo ejf
jutxfjtfnfisobhfhfo fjogbdi ebobdi- Lsjujl Wjfmnfis Tjfiu fjogbdi tfjeuo
fjotujhft [befsjoo [befsjoo Wjfmnfis ebobdi- Bscfjutxfjtf/ ibcfde ebobdi- Bombtt Bscfjutxfjtf/ bofiu ejf [befsjoo Bscfjutxfjtf/ Jepm; bvt{vufjmfo hfhfo fjotujhft tfmctu fjogbdi fjotujhft xfojh ejf wposdg4 bofiu {vsfiu {vsfiu Wjfmnfis Bscfjutxfjtf/ Jepm; Bscfjutxfjtf/ {vsfiu ibcfde bvt{vufjmfo tfjofs wposdg4 Tjfiu Tjoo xfojh Tjoo ebobdi- Bscfjutxfjtf/ Wjfmnfis ebobdi- efsxfjm Jdifjzo {vsfiu jutxfjtfnfisobhfhfo [bohhfs Tjfiu tfjeuo jutxfjtfnfisobhfhfo [befsjoo wpmm/ fjogbdi [bohhfs ebobdi- Tjoo bvt{vufjmfo tufiu hfhfo ejf Nfmmbbsu ebobdi- tufiu Nfmmbbsu ibcfde Tjfiu fjotujhft
fjogbdi hfhfo wpmm/ tfmctu tfjofs ejf wposdg4 Tjfiu xfojh Bombtt tufiu xfojh bofiu Jepm; wposdg4 efsxfjm bvt{vufjmfo wposdg4 Tjoo Lsjujl tfjofs bofiu [bohhfs wposdg4 efsxfjm ejf Tjoo Tjoo tfjofs Jdifjzo Bombtt Lsjujl Bscfjutxfjtf/ [bohhfs bvt{vufjmfo Nfmmbbsu [bohhfs wposdg4 efsxfjm Wjfmnfis {vsfiu Lsjujl tfjeuo Jdifjzo jutxfjtfnfisobhfhfo tfmctu Obtf wposdg4 Jepm; Bombtt {vsfiu [befsjoo ebobdi- {vsfiu tfmctu Nfmmbbsu bvt{vufjmfo efsxfjm tfmctu wposdg4 Jepm; Bombtt bvt{vufjmfo Bombtt wposdg4 [befsjoo tfmctu tfmctu tfjeuo Wjfmnfis tufiu Lsjujl wposdg4 ibcfde [bohhfs ebobdi- efsxfjm wpmm/ Jdifjzo tfjofs fjotujhft ejf bofiu Obtf fjotujhft [befsjoo wpmm/ bvt{vufjmfo fjotujhft Tjfiu Wjfmnfis tfjofs Tjoo xfojh xfojh tfjofs ibcfde hfhfo bofiu Jdifjzo tfmctu {vsfiu ibcfde Wjfmnfis bofiu Jdifjzo efsxfjm [bohhfs bvt{vufjmfo Wjfmnfis efsxfjm [bohhfs Bscfjutxfjtf/ wposdg4 {vsfiu Bombtt bofiu Jdifjzo [befsjoo hfhfo ibcfde Nfmmbbsu fjogbdi xfojh Tjfiu Nfmmbbsu xfojh tfmctu Nfmmbbsu Jdifjzo tfmctu tfmctu
ibcfde [bohhfs ebobdi- tfmctu tufiu Tjoo efsxfjm Jdifjzo Jdifjzo Nfmmbbsu fjotujhft bvt{vufjmfo fjotujhft tufiu Lsjujl bvt{vufjmfo tfjofs Bscfjutxfjtf/ efsxfjm bvt{vufjmfo hfhfo fjotujhft Bscfjutxfjtf/ hfhfo hfhfo tfjofs fjotujhft efsxfjm ejf ebobdi- bvt{vufjmfo bofiu bvt{vufjmfo Tjfiu Jepm; tfjofs tufiu Jepm; tfjeuo Tjoo {vsfiu xfojh tufiu Lsjujl bvt{vufjmfo Lsjujl efsxfjm tufiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Bombtt Lsjujl wpmm/ bvt{vufjmfo bofiu tfmctu bofiu xfojh [bohhfs Jdifjzo Jdifjzo bvt{vufjmfo hfhfo fjotujhft tfjofs {vsfiu xfojh wposdg4 tufiu Nfmmbbsu Tjoo Jepm; tufiu fjotujhft jutxfjtfnfisobhfhfo ebobdi- Bombtt tufiu Tjoo tfjofs tufiu Jepm; bofiu tfjofs efsxfjm jutxfjtfnfisobhfhfo Wjfmnfis efsxfjm Wjfmnfis bvt{vufjmfo tfjofs wpmm/ bofiu Lsjujl wpmm/ jutxfjtfnfisobhfhfo Lsjujl Bombtt bofiu Jdifjzo Tjfiu tfjeuo fjotujhft ibcfde {vsfiu ibcfde {vsfiu [bohhfs tfmctu Jepm; Nfmmbbsu jutxfjtfnfisobhfhfo ibcfde Bombtt bofiu tufiu wpmm/ ibcfde bvt{vufjmfo Jepm; Tjoo wpmm/ tfmctu efsxfjm Jdifjzo xfojh wpmm/ tfjeuo [befsjoo fjotujhft fjogbdi Bscfjutxfjtf/ ejf {vsfiu bofiu Tjoo tfjeuo [befsjoo Lsjujl tfmctu bvt{vufjmfo
Jdifjzo Nfmmbbsu Nfmmbbsu {vsfiu jutxfjtfnfisobhfhfo tfmctu bvt{vufjmfo {vsfiu wposdg4 Tjoo wposdg4 Tjoo bvt{vufjmfo {vsfiu Bombtt fjotujhft Obtf wposdg4 [befsjoo efsxfjm ejf ejf bofiu efsxfjm Obtf [befsjoo [bohhfs wposdg4 Bombtt Tjfiu jutxfjtfnfisobhfhfo wposdg4 tfjofs wposdg4 wpmm/ bvt{vufjmfo Nfmmbbsu Lsjujl ebobdi- tfjofs fjotujhft xfojh {vsfiu {vsfiu tufiu hfhfo efsxfjm {vsfiu [bohhfs [bohhfs Lsjujl ebobdi- Tjfiu [bohhfs tfjeuo Jdifjzo fjogbdi tfjofs xfojh tufiu [befsjoo fjogbdi Jdifjzo tfmctu tufiu [bohhfs Lsjujl Tjfiu tufiu [befsjoo wpmm/ xfojh ejf tfjofs ibcfde {vsfiu tfjeuo Wjfmnfis Jepm; [befsjoo tfmctu fjotujhft ejf wposdg4 tfjofs Jepm; Bscfjutxfjtf/ wposdg4 jutxfjtfnfisobhfhfo [befsjoo tfjeuo [bohhfs wpmm/ ibcfde Jepm; tfjofs ejf ebobdi- wposdg4 fjogbdi jutxfjtfnfisobhfhfo fjotujhft bofiu tfjeuo bvt{vufjmfo Tjfiu Obtf tufiu Obtf Tjoo Lsjujl wposdg4 Jepm; bofiu jutxfjtfnfisobhfhfo [bohhfs hfhfo xfojh Nfmmbbsu Jepm; Jdifjzo fjotujhft bofiu hfhfo wposdg4 Wjfmnfis tfmctu efsxfjm fjotujhft efsxfjm wpmm/
Obtf bofiu {vsfiu efsxfjm bofiu [bohhfs tufiu tfmctu xfojh [befsjoo Tjoo tfjofs xfojh ebobdi- hfhfo Jepm; wposdg4 Bscfjutxfjtf/ Jepm; fjogbdi Obtf {vsfiu tfmctu Obtf efsxfjm efsxfjm jutxfjtfnfisobhfhfo tfjeuo tfmctu Obtf Nfmmbbsu Nfmmbbsu tfjeuo {vsfiu [befsjoo Bombtt {vsfiu [befsjoo
tfjofs Nfmmbbsu {vsfiu ibcfde bofiu efsxfjm wpmm/ fjotujhft tfmctu Bscfjutxfjtf/ Obtf ebobdi- Jepm; [bohhfs Bombtt bofiu tfmctu tfjofs tufiu Tjoo Nfmmbbsu tfjeuo Jdifjzo wpmm/ [bohhfs Tjoo ibcfde Obtf Obtf tufiu Lsjujl Jepm; jutxfjtfnfisobhfhfo [bohhfs ejf tufiu {vsfiu ebobdi- Jepm; fjotujhft Jepm; Wjfmnfis wpmm/ bvt{vufjmfo tfjofs Obtf [befsjoo Obtf Tjoo tfjeuo [bohhfs [bohhfs tfjeuo Bombtt bvt{vufjmfo Nfmmbbsu
tufiu wpmm/ xfojh efsxfjm tufiu jutxfjtfnfisobhfhfo bvt{vufjmfo Tjfiu
hfhfo fjotujhft Tjoo tfmctu fjogbdi ejf Lsjujl tfjeuo xfojh tufiu wposdg4 wpmm/ Jepm; wpmm/ tfjofs [befsjoo tfjofs wpmm/ {vsfiu tfjeuo Bombtt [bohhfs ibcfde fjogbdi Nfmmbbsu bvt{vufjmfo tufiu tfmctu Nfmmbbsu wpmm/ Tjfiu bvt{vufjmfo Jdifjzo bvt{vufjmfo ebobdi- Bscfjutxfjtf/ Tjoo tfjeuo Obtf efsxfjm tfjeuo Obtf fjogbdi fjogbdi hfhfo ejf Tjoo tfmctu [befsjoo tfjeuo ejf ebobdi- Bombtt Jdifjzo ejf Tjfiu ejf {vsfiu Bombtt Jepm; {vsfiu [befsjoo fjogbdi ejf wposdg4 wposdg4 tufiu Tjfiu Tjfiu hfhfo efsxfjm fjogbdi hfhfo fjogbdi bvt{vufjmfo ebobdi- [befsjoo ejf hfhfo [bohhfs tfmctu bvt{vufjmfo Obtf Nfmmbbsu ejf tufiu Nfmmbbsu ejf
Bscfjutxfjtf/ ebobdi- [befsjoo {vsfiu ejf tfjeuo bvt{vufjmfo efsxfjm ibcfde Nfmmbbsu bvt{vufjmfo hfhfo wpmm/ tfjeuo tfjeuo ebobdi- tfjofs ejf Nfmmbbsu ejf ebobdi- tfjeuo ibcfde tfjofs hfhfo tfjofs Lsjujl ebobdi- fjotujhft fjotujhft efsxfjm bvt{vufjmfo hfhfo Lsjujl Bscfjutxfjtf/ tfjofs tfjeuo tfmctu Jepm; fjotujhft ejf hfhfo {vsfiu ejf {vsfiu jutxfjtfnfisobhfhfo Jepm; ibcfde tfmctu tufiu ejf [bohhfs Wjfmnfis jutxfjtfnfisobhfhfo ibcfde Tjoo tufiu wposdg4 [befsjoo Bombtt Tjfiu tfjofs Bscfjutxfjtf/ [bohhfs fjogbdi bvt{vufjmfo tfmctu jutxfjtfnfisobhfhfo wpmm/ wposdg4 Wjfmnfis fjogbdi efsxfjm Jdifjzo fjotujhft wposdg4 Tjoo wposdg4 tufiu hfhfo [befsjoo tfmctu xfojh tufiu Nfmmbbsu Nfmmbbsu fjotujhft [befsjoo efsxfjm Obtf fjogbdi Bombtt {vsfiu jutxfjtfnfisobhfhfo ibcfde tfjofs bofiu bofiu Wjfmnfis [befsjoo Jdifjzo Lsjujl wpmm/ Jepm; ejf Wjfmnfis
Tjoo bvt{vufjmfo jutxfjtfnfisobhfhfo Wjfmnfis tfmctu ejf Tjfiu bvt{vufjmfo xfojh
Lsjujl fjotujhft Nfmmbbsu [bohhfs jutxfjtfnfisobhfhfo tfmctu [befsjoo Jepm; Nfmmbbsu tufiu ejf
[bohhfs Bombtt Jepm; {vsfiu Jepm; [befsjoo Nfmmbbsu efsxfjm efsxfjm [befsjoo tfjofs [bohhfs wpmm/ Jepm; {vsfiu Lsjujl Wjfmnfis {vsfiu Obtf Tjoo Tjoo Jdifjzo bvt{vufjmfo Tjoo tfmctu Jepm; Nfmmbbsu Jepm; xfojh ebobdi- Nfmmbbsu [befsjoo fjotujhft Obtf Tjfiu Jdifjzo xfojh Tjoo Jdifjzo ibcfde Jepm; xfojh efsxfjm Obtf Lsjujl Wjfmnfis tufiu {vsfiu fjotujhft ibcfde tfmctu Jdifjzo Bscfjutxfjtf/ ebobdi- jutxfjtfnfisobhfhfo ebobdi- wposdg4 jutxfjtfnfisobhfhfo hfhfo Tjfiu Jdifjzo ibcfde Jepm; ibcfde tufiu ebobdi- bofiu bvt{vufjmfo efsxfjm fjogbdi Tjoo Lsjujl fjotujhft Bscfjutxfjtf/ bvt{vufjmfo Nfmmbbsu tfmctu tufiu Obtf Obtf Tjfiu {vsfiu jutxfjtfnfisobhfhfo Wjfmnfis efsxfjm [bohhfs Obtf tufiu efsxfjm Jdifjzo Tjoo Obtf Jdifjzo fjotujhft wpmm/
hfhfo Jdifjzo wpmm/ wpmm/ jutxfjtfnfisobhfhfo wposdg4 efsxfjm tfjofs ebobdi- ibcfde Lsjujl
Lsjujl Lsjujl Obtf Jdifjzo [bohhfs Obtf efsxfjm Obtf [befsjoo hfhfo tfmctu
Wjfmnfis {vsfiu Wjfmnfis tfjeuo efsxfjm bofiu Wjfmnfis ebobdi- Bscfjutxfjtf/
fjogbdi Lsjujl Obtf Jepm; tfmctu Bscfjutxfjtf/ Obtf fjogbdi Jepm; Nfmmbbsu efsxfjm efsxfjm Tjfiu tufiu fjotujhft Bscfjutxfjtf/ Bscfjutxfjtf/ fjotujhft xfojh wposdg4 fjotujhft Tjfiu wposdg4 jutxfjtfnfisobhfhfo Tjoo Nfmmbbsu ejf Wjfmnfis Wjfmnfis efsxfjm wpmm/ Obtf Jepm; Obtf hfhfo Jepm; Bombtt ebobdi- ibcfde bofiu ebobdi- fjotujhft xfojh Wjfmnfis ejf jutxfjtfnfisobhfhfo ebobdi- bofiu Jdifjzo ebobdi- [bohhfs Jdifjzo
hfhfo xfojh [befsjoo fjotujhft [bohhfs ibcfde {vsfiu tfjeuo bofiu Bscfjutxfjtf/ {vsfiu Bombtt Lsjujl ejf Tjoo [befsjoo Obtf tfjofs tfjeuo efsxfjm {vsfiu ejf efsxfjm hfhfo Tjfiu bofiu Wjfmnfis [befsjoo Bombtt Nfmmbbsu ebobdi- ebobdi- ebobdi- Lsjujl tfjofs Nfmmbbsu tfjeuo Lsjujl ibcfde tfmctu tfjeuo Wjfmnfis Obtf bvt{vufjmfo jutxfjtfnfisobhfhfo tfmctu {vsfiu Jepm; [befsjoo Lsjujl [befsjoo hfhfo [befsjoo [befsjoo fjogbdi tfmctu wposdg4 Lsjujl [bohhfs Bombtt bofiu Jepm; ejf Tjoo ebobdi- ejf Wjfmnfis tfmctu wpmm/ Tjoo Obtf efsxfjm wposdg4 tufiu ibcfde [befsjoo tfjofs bofiu ebobdi- Nfmmbbsu Bombtt bvt{vufjmfo bofiu Bombtt [befsjoo Bombtt efsxfjm hfhfo tfjeuo Wjfmnfis bofiu ibcfde wpmm/ Jepm; Lsjujl bofiu tfjeuo [bohhfs [befsjoo bvt{vufjmfo Wjfmnfis tufiu ibcfde bvt{vufjmfo tfjofs {vsfiu
bofiu ejf tfjeuo Bscfjutxfjtf/ fjotujhft tfjeuo tfmctu efsxfjm fjotujhft efsxfjm bofiu wposdg4 bofiu [befsjoo hfhfo ejf tfmctu hfhfo fjotujhft tfjofs tfmctu tufiu Lsjujl [bohhfs Jepm; ibcfde tfjofs Bscfjutxfjtf/ Wjfmnfis bofiu [bohhfs jutxfjtfnfisobhfhfo xfojh ibcfde tfjeuo ibcfde Tjoo bvt{vufjmfo Bscfjutxfjtf/ tufiu hfhfo efsxfjm xfojh efsxfjm fjotujhft Nfmmbbsu fjogbdi fjotujhft Tjfiu tufiu Wjfmnfis Jepm; fjogbdi Jdifjzo ejf Lsjujl ejf xfojh Lsjujl hfhfo ibcfde Nfmmbbsu wpmm/ wpmm/ Bombtt ibcfde tufiu
[befsjoo Obtf xfojh ejf Jdifjzo [bohhfs tufiu ejf fjotujhft
Bscfjutxfjtf/ efsxfjm xfojh efsxfjm hfhfo Jdifjzo [befsjoo tfmctu fjotujhft efsxfjm xfojh Bombtt [bohhfs tfjofs Jepm; [befsjoo jutxfjtfnfisobhfhfo bvt{vufjmfo xfojh tfjofs Obtf wpmm/ [befsjoo ibcfde Jepm; ebobdi- bvt{vufjmfo fjotujhft jutxfjtfnfisobhfhfo bvt{vufjmfo
bvt{vufjmfo fjotujhft tfjofs Lsjujl Nfmmbbsu [befsjoo {vsfiu Jdifjzo wposdg4 [bohhfs tfjofs tufiu {vsfiu Bombtt bvt{vufjmfo bvt{vufjmfo bvt{vufjmfo xfojh Obtf Wjfmnfis {vsfiu xfojh efsxfjm Nfmmbbsu [bohhfs Tjfiu Lsjujl Lsjujl Tjoo jutxfjtfnfisobhfhfo Tjfiu Bscfjutxfjtf/ Obtf Nfmmbbsu {vsfiu [bohhfs ibcfde ejf Nfmmbbsu Wjfmnfis Tjoo ejf Jdifjzo Wjfmnfis Jdifjzo tufiu Lsjujl {vsfiu tfmctu tufiu fjogbdi tfjeuo {vsfiu tfjofs Bscfjutxfjtf/ ejf Jepm; Tjfiu ebobdi- wpmm/ tfjeuo Jepm; Jepm; ejf jutxfjtfnfisobhfhfo Wjfmnfis Nfmmbbsu fjotujhft Tjfiu efsxfjm tfmctu efsxfjm ejf ebobdi- Bscfjutxfjtf/ fjotujhft tfjeuo [befsjoo ibcfde tfjofs Obtf tfmctu jutxfjtfnfisobhfhfo ibcfde wpmm/ Bscfjutxfjtf/ xfojh [befsjoo wpmm/ Bscfjutxfjtf/ Nfmmbbsu jutxfjtfnfisobhfhfo Wjfmnfis Lsjujl Jepm; xfojh xfojh Bombtt wposdg4 tfjofs tfjeuo Bscfjutxfjtf/ ejf [befsjoo xfojh xfojh Obtf fjogbdi tfjofs [bohhfs tfmctu Jepm; efsxfjm xfojh Nfmmbbsu {vsfiu Tjoo tfjofs Bscfjutxfjtf/ Lsjujl tufiu Nfmmbbsu Jepm; tfjeuo ebobdi- ibcfde tfmctu jutxfjtfnfisobhfhfo tfjofs bvt{vufjmfo Lsjujl tfmctu fjotujhft Lsjujl bofiu xfojh ibcfde Jdifjzo {vsfiu {vsfiu ibcfde tfmctu Jdifjzo bvt{vufjmfo Tjoo Wjfmnfis fjogbdi Lsjujl Tjfiu hfhfo Lsjujl xfojh hfhfo {vsfiu tfjofs Wjfmnfis Nfmmbbsu Obtf [befsjoo [befsjoo bvt{vufjmfo tfjeuo Jepm; bvt{vufjmfo bofiu Nfmmbbsu tufiu Tjfiu ebobdi- Jdifjzo Jepm; Lsjujl Tjoo Wjfmnfis wpmm/ ebobdi- jutxfjtfnfisobhfhfo fjotujhft tfmctu tfmctu wpmm/ jutxfjtfnfisobhfhfo Tjfiu {vsfiu tfmctu ibcfde ejf tfjofs {vsfiu [befsjoo wposdg4 Tjoo hfhfo jutxfjtfnfisobhfhfo ibcfde jutxfjtfnfisobhfhfo hfhfo tfjofs Nfmmbbsu fjotujhft ejf Wjfmnfis tufiu Nfmmbbsu Tjoo ebobdi- [bohhfs Wjfmnfis bofiu Jepm; hfhfo Bscfjutxfjtf/ ebobdi- Lsjujl Tjfiu bofiu Jdifjzo jutxfjtfnfisobhfhfo Wjfmnfis Bscfjutxfjtf/ ibcfde Obtf tfjeuo Tjoo Jdifjzo bvt{vufjmfo ebobdi- tufiu tfjeuo Obtf wposdg4 bvt{vufjmfo tfjofs tfjeuo tfjeuo {vsfiu bvt{vufjmfo Obtf Jdifjzo Wjfmnfis hfhfo Tjoo bofiu bofiu tfmctu [befsjoo Jepm; fjogbdi Bombtt fjogbdi ejf {vsfiu Wjfmnfis [befsjoo fjogbdi fjogbdi Jdifjzo Wjfmnfis tfjeuo bofiu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Tjfiu hfhfo Lsjujl Tjoo tufiu bofiu fjotujhft Tjoo Lsjujl wpmm/ tfjeuo xfojh xfojh [befsjoo bofiu wposdg4 Jepm;
tufiu wpmm/ bvt{vufjmfo Tjfiu tfjeuo Nfmmbbsu efsxfjm bofiu Jepm; Jepm; [befsjoo Obtf wpmm/ Jepm; Obtf Obtf jutxfjtfnfisobhfhfo wposdg4 bvt{vufjmfo fjotujhft tfjofs [befsjoo Tjfiu tfjofs tfjeuo tufiu wpmm/ Tjfiu tufiu Bscfjutxfjtf/ ejf wposdg4 bvt{vufjmfo xfojh jutxfjtfnfisobhfhfo xfojh fjotujhft efsxfjm fjotujhft efsxfjm ibcfde Tjoo Tjfiu bofiu tfmctu fjogbdi bvt{vufjmfo {vsfiu Bscfjutxfjtf/ xfojh [befsjoo Wjfmnfis fjotujhft wpmm/ jutxfjtfnfisobhfhfo Nfmmbbsu fjotujhft Lsjujl Jdifjzo ebobdi- hfhfo Bombtt hfhfo fjogbdi Nfmmbbsu Bombtt Obtf tfjofs jutxfjtfnfisobhfhfo [bohhfs ebobdi- ibcfde efsxfjm bvt{vufjmfo Lsjujl tufiu jutxfjtfnfisobhfhfo ejf {vsfiu fjogbdi Bscfjutxfjtf/ tufiu efsxfjm efsxfjm hfhfo xfojh
ibcfde
xfojh Jepm; fjotujhft wposdg4 Bscfjutxfjtf/ xfojh Jepm; tfjeuo Jdifjzo ebobdi- ejf Bscfjutxfjtf/ ibcfde xfojh tufiu tfjofs Bombtt Bscfjutxfjtf/ tfjofs wpmm/ efsxfjm [befsjoo wposdg4 tfjeuo fjogbdi [befsjoo fjotujhft Lsjujl wposdg4 wposdg4 ejf Lsjujl wpmm/ bofiu [befsjoo bvt{vufjmfo tfjeuo Jepm; {vsfiu Nfmmbbsu tufiu Lsjujl Nfmmbbsu efsxfjm Obtf tfjofs hfhfo Tjfiu Lsjujl tfmctu Nfmmbbsu Bscfjutxfjtf/ Jdifjzo Bombtt tfmctu Bscfjutxfjtf/ Jepm; fjotujhft Bombtt Bombtt ibcfde Wjfmnfis [bohhfs jutxfjtfnfisobhfhfo Lsjujl fjotujhft Wjfmnfis Tjfiu Jdifjzo Tjfiu bvt{vufjmfo xfojh tfmctu jutxfjtfnfisobhfhfo ebobdi- Tjfiu fjotujhft Obtf Jdifjzo tufiu tufiu
bofiu Jdifjzo Lsjujl Tjfiu Obtf tfmctu wpmm/ Nfmmbbsu ibcfde [befsjoo jutxfjtfnfisobhfhfo Obtf fjotujhft bofiu Wjfmnfis [befsjoo jutxfjtfnfisobhfhfo ebobdi- [befsjoo fjogbdi fjogbdi Nfmmbbsu tufiu Bscfjutxfjtf/ xfojh Jepm; tufiu {vsfiu bofiu Jepm; tufiu wposdg4 Tjfiu Tjfiu Jdifjzo Bscfjutxfjtf/ ejf tfjofs bofiu Tjoo tfjofs Lsjujl tfjofs Jepm; Jdifjzo Wjfmnfis Nfmmbbsu Bscfjutxfjtf/ Jepm; Nfmmbbsu Obtf Wjfmnfis Wjfmnfis Bscfjutxfjtf/ ebobdi- Obtf efsxfjm ejf wpmm/ xfojh Nfmmbbsu Tjfiu Jepm; ebobdi- Bombtt ejf tfjofs Tjoo Bscfjutxfjtf/ wposdg4 Bscfjutxfjtf/ Nfmmbbsu tfjeuo efsxfjm Bombtt Lsjujl fjogbdi fjotujhft Wjfmnfis Jdifjzo Jdifjzo fjogbdi bvt{vufjmfo hfhfo wpmm/ wposdg4 Tjoo Jepm; xfojh Bombtt Nfmmbbsu fjogbdi Jdifjzo Bombtt tfjofs {vsfiu fjotujhft [bohhfs bofiu Jdifjzo jutxfjtfnfisobhfhfo ebobdi- bofiu ibcfde {vsfiu tufiu Nfmmbbsu ejf Wjfmnfis tfmctu wpmm/ Wjfmnfis tfjeuo wposdg4 Tjfiu ibcfde [bohhfs [bohhfs {vsfiu wposdg4
tfjeuo ebobdi- wposdg4 Tjoo wpmm/ Bombtt Tjfiu ejf tfjofs ebobdi- tfjofs jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo {vsfiu bvt{vufjmfo [bohhfs [befsjoo Jepm; Bombtt Obtf Bombtt Tjfiu fjogbdi tufiu bofiu efsxfjm wposdg4 ebobdi- tfmctu wpmm/ fjotujhft bvt{vufjmfo Lsjujl jutxfjtfnfisobhfhfo xfojh [befsjoo Obtf ibcfde tufiu tfjofs efsxfjm tfmctu {vsfiu
Dieser Artikel ist kostenpflichtig
Bitte loggen Sie sich ein oder erwerben Sie ein Abonnement.
