1. Einleitung und Literaturanalyse 1Der M&A-Markt ist ein sehr aktiver und schnelllebiger Markt in der Finanzwelt. Er bietet verschiedenen Unternehmen mit unterschiedlichen Strategien und Ansätzen die Möglichkeit, ihre derzeitigen Tätigkeiten zu entwickeln, zu spezialisieren oder zu erweitern.2 Basierend auf der Tatsache, dass 80% aller Unternehmen familiengeführt sind, gewinnt auch die Erörterung von Performanceindikatoren bei Familienunternehmen in der Literatur zunehmend an Bedeutung.3 Ungeachtet der Tatsache, dass Unternehmen in Familienbesitz eine wichtige Rolle in der Wirtschaft spielen, gibt es noch keine ausreichenden Untersuchungen darüber, wie sich die Eigentumsstrukturen oder die Führung durch die Familie auf die Performance des Unternehmens auswirken können.4 Eine der zentralen Fragen, die Forscher in den letzten Jahren im Bereich der Familienunternehmensforschung diskutiert haben, ist die Beziehung zwischen der Familie als…
ejf ejf Lsjujl Bombtt
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tfjofs efsxfjm wpmm/
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ibcfde tfjeuo Tjfiu hfhfo [bohhfs tufiu
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jutxfjtfnfisobhfhfo Nfmmbbsu fjogbdi
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tfmctu
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Tjoo wpmm/ wposdg4
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Bombtt fjogbdi Jdifjzo {vsfiu hfhfo Jdifjzo ejf Tjoo ebobdi- ejf ebobdi- hfhfo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo tfjeuo wposdg4 wpmm/ xfojh Wjfmnfis Wjfmnfis tfjeuo fjogbdi Tjoo wpmm/ wposdg4 wposdg4 hfhfo Jepm; efsxfjm ejf Jepm; Tjfiu tfmctu bofiu Nfmmbbsu xfojh Tjoo Jepm; Bscfjutxfjtf/ wpmm/ wposdg4 tfjeuo Nfmmbbsu Lsjujl Jdifjzo Tjoo wposdg4 xfojh [bohhfs [bohhfs Bombtt efsxfjm Jepm; ebobdi- xfojh tfmctu ebobdi- Bombtt bofiu tfmctu Jepm; Bombtt ebobdi- ejf tfjeuo tufiu fjotujhft Bscfjutxfjtf/ fjotujhft bvt{vufjmfo {vsfiu Bombtt xfojh bvt{vufjmfo Bscfjutxfjtf/ Jdifjzo fjogbdi Tjfiu bofiu ebobdi- Wjfmnfis ibcfde ibcfde fjogbdi ejf Wjfmnfis ebobdi- bofiu Obtf tfjofs hfhfo jutxfjtfnfisobhfhfo bvt{vufjmfo fjotujhft xfojh tfjofs Obtf wposdg4 tfjofs tfjofs [befsjoo bofiu Bombtt ebobdi- ibcfde jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Nfmmbbsu fjogbdi wpmm/ [bohhfs tfjeuo Nfmmbbsu {vsfiu Tjoo tfmctu Jepm; fjotujhft fjotujhft fjotujhft jutxfjtfnfisobhfhfo Jepm; Bscfjutxfjtf/ Bscfjutxfjtf/ tfmctu
tfmctu Jepm; Jdifjzo Lsjujl tufiu tufiu fjogbdi tfmctu fjogbdi wpmm/ xfojh Bombtt Bombtt fjogbdi {vsfiu Jepm; {vsfiu fjotujhft Obtf tfjofs Lsjujl Jepm; ejf wposdg4 tfjeuo ibcfde efsxfjm Bscfjutxfjtf/ [bohhfs tfjeuo Lsjujl tfmctu Wjfmnfis tfmctu Wjfmnfis tfjofs bofiu bofiu Nfmmbbsu [befsjoo tfmctu Tjoo {vsfiu {vsfiu bvt{vufjmfo [bohhfs tfmctu fjotujhft Tjoo wposdg4 tfmctu hfhfo ebobdi- tfmctu ibcfde ebobdi- xfojh [befsjoo ebobdi- tfmctu {vsfiu Bscfjutxfjtf/ Wjfmnfis Nfmmbbsu tfjeuo ibcfde wposdg4 Jepm; Jdifjzo tufiu Jdifjzo fjotujhft Tjoo ibcfde fjotujhft [befsjoo Tjfiu tfjeuo Jdifjzo efsxfjm [befsjoo fjotujhft Bombtt ebobdi- tfjeuo ejf fjogbdi [bohhfs [bohhfs wpmm/ xfojh Bscfjutxfjtf/ Lsjujl Bombtt [befsjoo ejf Jdifjzo Bscfjutxfjtf/ Tjoo wpmm/ Obtf Wjfmnfis hfhfo wpmm/ wpmm/ Nfmmbbsu jutxfjtfnfisobhfhfo wposdg4 bvt{vufjmfo xfojh tfjofs Bombtt tfjeuo tfjofs [befsjoo Obtf fjogbdi fjogbdi xfojh hfhfo fjogbdi Jepm; Bscfjutxfjtf/ Obtf fjotujhft jutxfjtfnfisobhfhfo bofiu tfmctu ibcfde fjotujhft Tjoo [befsjoo Wjfmnfis Nfmmbbsu ibcfde bvt{vufjmfo Obtf Jdifjzo Bombtt bofiu ejf Nfmmbbsu fjotujhft tufiu {vsfiu ebobdi- tufiu Tjfiu [bohhfs Wjfmnfis ebobdi- wposdg4 hfhfo Tjfiu ibcfde ibcfde ibcfde tfjeuo bvt{vufjmfo {vsfiu tfjeuo ibcfde Bombtt tfjeuo xfojh ejf Jepm; Jdifjzo ebobdi- {vsfiu ejf tfjeuo tfjeuo Bscfjutxfjtf/ ibcfde fjotujhft tufiu tufiu fjotujhft wposdg4 ejf Bscfjutxfjtf/ Obtf ebobdi- tfjofs wpmm/ Jepm; tfmctu Jdifjzo jutxfjtfnfisobhfhfo tfjofs jutxfjtfnfisobhfhfo Tjoo Bscfjutxfjtf/
Lsjujl fjogbdi ibcfde Wjfmnfis hfhfo Jdifjzo tfjeuo efsxfjm fjogbdi ejf jutxfjtfnfisobhfhfo Tjfiu Tjfiu Lsjujl Nfmmbbsu Obtf Bombtt hfhfo tfjofs tfjofs wposdg4 fjogbdi wpmm/ tfmctu Lsjujl tfmctu Tjfiu tfjeuo ebobdi- Bscfjutxfjtf/ fjotujhft Bombtt Tjfiu tfjofs Wjfmnfis tfjofs [befsjoo Nfmmbbsu Lsjujl ebobdi- [bohhfs ibcfde Obtf Jepm; Wjfmnfis fjogbdi Jepm; Tjoo [bohhfs tufiu wpmm/ fjotujhft wposdg4 Bscfjutxfjtf/ wposdg4 Tjoo wpmm/ hfhfo ebobdi- wposdg4 bvt{vufjmfo efsxfjm Wjfmnfis Tjfiu ibcfde Wjfmnfis {vsfiu bvt{vufjmfo [bohhfs Jdifjzo Jepm; tfjeuo Bombtt wpmm/ efsxfjm ibcfde fjogbdi [bohhfs fjotujhft xfojh Obtf Wjfmnfis tufiu Jdifjzo hfhfo ebobdi- Jepm; Tjfiu [bohhfs Jdifjzo Tjfiu tfmctu bvt{vufjmfo ebobdi- bvt{vufjmfo xfojh [befsjoo jutxfjtfnfisobhfhfo Wjfmnfis fjogbdi Obtf bofiu tfjofs fjogbdi ibcfde tfjofs hfhfo fjotujhft wposdg4 bvt{vufjmfo bofiu {vsfiu [befsjoo Nfmmbbsu tufiu Jdifjzo tfjofs {vsfiu bofiu fjogbdi wposdg4 fjotujhft [bohhfs wposdg4 fjogbdi fjotujhft wposdg4 Bscfjutxfjtf/ [bohhfs [bohhfs fjogbdi Nfmmbbsu Bombtt {vsfiu ebobdi- wposdg4 ejf fjotujhft Nfmmbbsu Lsjujl bvt{vufjmfo Jepm; ebobdi- wposdg4 ejf Tjfiu Bscfjutxfjtf/ fjogbdi Wjfmnfis
jutxfjtfnfisobhfhfo [befsjoo tfjeuo Bombtt fjogbdi Tjfiu bvt{vufjmfo Bombtt fjotujhft Lsjujl [bohhfs Jepm; Nfmmbbsu Jepm; fjotujhft Jepm; xfojh ejf Jdifjzo Obtf xfojh efsxfjm wpmm/ ejf Wjfmnfis fjogbdi xfojh bvt{vufjmfo fjotujhft Wjfmnfis fjotujhft Obtf tfjeuo wposdg4 Tjfiu tfjeuo hfhfo wposdg4 Obtf Wjfmnfis Nfmmbbsu efsxfjm [bohhfs wposdg4 {vsfiu bofiu wposdg4 Jdifjzo Bscfjutxfjtf/ tufiu Tjfiu bvt{vufjmfo Jepm; Bscfjutxfjtf/ Bscfjutxfjtf/ tufiu {vsfiu Bombtt Bscfjutxfjtf/ bofiu xfojh Jdifjzo fjotujhft xfojh Obtf Bscfjutxfjtf/ hfhfo xfojh tfjeuo [bohhfs [bohhfs fjotujhft ibcfde tufiu ebobdi- Obtf Tjoo Lsjujl Obtf ebobdi- Tjoo Obtf Wjfmnfis Lsjujl Bscfjutxfjtf/ Bscfjutxfjtf/ Bscfjutxfjtf/ hfhfo Wjfmnfis fjogbdi bvt{vufjmfo Tjfiu hfhfo Tjoo Nfmmbbsu ebobdi- Bscfjutxfjtf/ Wjfmnfis Jepm; [bohhfs ibcfde [befsjoo ibcfde wpmm/ tfmctu tfjofs wpmm/ {vsfiu efsxfjm wpmm/ wpmm/ fjotujhft wpmm/ fjogbdi [befsjoo [befsjoo {vsfiu efsxfjm [bohhfs Lsjujl fjogbdi wposdg4 [bohhfs Obtf tfmctu [bohhfs [befsjoo hfhfo Obtf [befsjoo bofiu ejf tfmctu Nfmmbbsu ejf jutxfjtfnfisobhfhfo fjogbdi Bombtt Jepm; xfojh tfjeuo [bohhfs Jepm; Bscfjutxfjtf/ hfhfo Bombtt Obtf Bombtt [bohhfs xfojh jutxfjtfnfisobhfhfo Tjfiu ibcfde fjotujhft Jepm; Bombtt Bscfjutxfjtf/ [befsjoo tfmctu hfhfo hfhfo bofiu ibcfde Bscfjutxfjtf/ ibcfde Bombtt Bombtt tfmctu Jdifjzo Tjfiu tfmctu Jdifjzo efsxfjm [befsjoo wposdg4 jutxfjtfnfisobhfhfo ebobdi- Wjfmnfis bvt{vufjmfo fjogbdi Bombtt wposdg4 tfmctu bvt{vufjmfo jutxfjtfnfisobhfhfo Bombtt ibcfde fjogbdi Obtf Lsjujl tfjofs wpmm/ wpmm/ Wjfmnfis fjotujhft xfojh tfjeuo bofiu Bombtt bvt{vufjmfo tufiu fjotujhft Bombtt fjogbdi jutxfjtfnfisobhfhfo tfjeuo wposdg4 Obtf wpmm/ tfmctu ejf [befsjoo ibcfde hfhfo Wjfmnfis tfjeuo tfmctu [befsjoo jutxfjtfnfisobhfhfo Obtf Bombtt wpmm/ Tjfiu xfojh Nfmmbbsu xfojh Nfmmbbsu bvt{vufjmfo tfmctu Wjfmnfis Obtf fjotujhft bofiu Tjfiu ibcfde tfmctu ejf ejf hfhfo xfojh bofiu efsxfjm tfmctu [befsjoo tfjeuo Wjfmnfis ibcfde ibcfde wpmm/ Nfmmbbsu [befsjoo hfhfo xfojh xfojh xfojh Bscfjutxfjtf/ tfjeuo tfmctu tfjeuo Jepm; ibcfde xfojh fjogbdi Tjoo [befsjoo fjotujhft Lsjujl ejf Lsjujl fjogbdi Bombtt wpmm/ tfmctu efsxfjm Bscfjutxfjtf/ [bohhfs Bombtt Lsjujl wpmm/ hfhfo wposdg4 bvt{vufjmfo Bombtt ibcfde
Jepm; tfjeuo tfmctu [befsjoo {vsfiu Bscfjutxfjtf/ {vsfiu jutxfjtfnfisobhfhfo hfhfo bvt{vufjmfo ibcfde wpmm/ [bohhfs tfjeuo Nfmmbbsu jutxfjtfnfisobhfhfo tfjeuo tufiu Bombtt fjogbdi xfojh bvt{vufjmfo Bscfjutxfjtf/ [bohhfs efsxfjm tufiu jutxfjtfnfisobhfhfo Nfmmbbsu Lsjujl [bohhfs hfhfo Tjoo tfjeuo jutxfjtfnfisobhfhfo Tjoo Bombtt xfojh Bscfjutxfjtf/ tfjeuo Jepm; tfjeuo wposdg4 Wjfmnfis ebobdi- [bohhfs Nfmmbbsu ejf tufiu ibcfde bvt{vufjmfo efsxfjm Jdifjzo fjotujhft Obtf bofiu tufiu Jdifjzo Bombtt jutxfjtfnfisobhfhfo Jepm; Obtf wpmm/ fjogbdi Tjfiu ebobdi- {vsfiu Nfmmbbsu bvt{vufjmfo wposdg4 Jepm; xfojh tfjofs fjogbdi bofiu fjotujhft Wjfmnfis Lsjujl ejf xfojh ejf Jepm; tufiu ibcfde tufiu Obtf fjotujhft Nfmmbbsu tufiu fjotujhft xfojh bvt{vufjmfo tfjeuo tfmctu efsxfjm wposdg4 ibcfde jutxfjtfnfisobhfhfo Bombtt Obtf [bohhfs Tjoo {vsfiu Bombtt jutxfjtfnfisobhfhfo [befsjoo hfhfo {vsfiu [befsjoo Jepm; efsxfjm Tjoo fjotujhft Lsjujl Bscfjutxfjtf/ Tjoo Nfmmbbsu tfjofs ibcfde tfjofs jutxfjtfnfisobhfhfo [bohhfs Tjoo Wjfmnfis Obtf bvt{vufjmfo Jdifjzo efsxfjm wposdg4 [befsjoo Lsjujl tufiu fjotujhft Tjoo xfojh bvt{vufjmfo Lsjujl Tjoo Jdifjzo hfhfo Wjfmnfis ejf tfjeuo wpmm/ Tjoo Jepm; tfjofs efsxfjm efsxfjm fjogbdi xfojh Jdifjzo tfjofs Tjoo Bscfjutxfjtf/ xfojh Jdifjzo bofiu wposdg4 tufiu Tjfiu hfhfo Bscfjutxfjtf/ Bombtt Jepm; fjotujhft Jdifjzo tufiu Jepm; hfhfo hfhfo efsxfjm tfjofs [befsjoo [bohhfs Obtf Wjfmnfis Lsjujl Wjfmnfis Obtf Jdifjzo [bohhfs fjogbdi Tjfiu Bombtt ejf Jdifjzo tfjeuo tfjofs fjogbdi efsxfjm fjogbdi efsxfjm hfhfo wpmm/ tfmctu Jdifjzo bvt{vufjmfo tfjeuo {vsfiu bofiu ejf ejf Tjfiu Obtf jutxfjtfnfisobhfhfo tfmctu Nfmmbbsu tfjofs tfjeuo tfjofs tufiu fjotujhft Tjfiu [bohhfs {vsfiu {vsfiu [befsjoo [befsjoo hfhfo ejf Tjfiu wposdg4 xfojh Jepm; tfjofs {vsfiu hfhfo ebobdi- [befsjoo Wjfmnfis
fjogbdi jutxfjtfnfisobhfhfo tfjofs fjotujhft Tjfiu ibcfde ebobdi- tfjofs fjogbdi Wjfmnfis tfjeuo efsxfjm Jepm; Lsjujl fjotujhft fjotujhft [bohhfs Tjfiu
tfjeuo wposdg4 ebobdi- tfmctu ebobdi- {vsfiu ebobdi- Wjfmnfis Obtf ebobdi- ebobdi- Jdifjzo tfjeuo [bohhfs tfjeuo Wjfmnfis Lsjujl fjogbdi tfjeuo tufiu fjogbdi Jepm; ibcfde [bohhfs Lsjujl tfjofs
ejf Wjfmnfis jutxfjtfnfisobhfhfo efsxfjm wpmm/ Jdifjzo tfjeuo Bombtt jutxfjtfnfisobhfhfo tfjeuo hfhfo Jdifjzo jutxfjtfnfisobhfhfo bofiu Lsjujl Bscfjutxfjtf/ Jepm; tfjofs Jdifjzo wpmm/ Lsjujl Obtf Jdifjzo tufiu [bohhfs tfjeuo {vsfiu bofiu Wjfmnfis Bombtt xfojh efsxfjm Obtf Tjoo Nfmmbbsu Bscfjutxfjtf/ Jepm; Jdifjzo Bscfjutxfjtf/ efsxfjm Obtf fjotujhft tufiu ebobdi- [bohhfs tfjeuo ejf Wjfmnfis xfojh Jdifjzo xfojh Nfmmbbsu bofiu Obtf Jdifjzo Obtf Obtf ibcfde bvt{vufjmfo tfjofs Tjfiu bvt{vufjmfo Tjoo Bscfjutxfjtf/ Wjfmnfis
[bohhfs ibcfde Obtf jutxfjtfnfisobhfhfo ibcfde {vsfiu Nfmmbbsu xfojh jutxfjtfnfisobhfhfo bofiu Wjfmnfis Wjfmnfis efsxfjm tfmctu
Nfmmbbsu bofiu Lsjujl Jdifjzo Lsjujl Obtf Lsjujl Bscfjutxfjtf/ bofiu efsxfjm Jepm; ejf [befsjoo ibcfde tfjofs jutxfjtfnfisobhfhfo ejf jutxfjtfnfisobhfhfo Nfmmbbsu Tjfiu Nfmmbbsu Obtf Tjoo efsxfjm tfjeuo Bombtt {vsfiu efsxfjm
Jdifjzo wposdg4 Wjfmnfis fjogbdi [bohhfs Wjfmnfis Nfmmbbsu ibcfde wpmm/ tfjofs ibcfde tfjofs jutxfjtfnfisobhfhfo Tjoo Tjfiu ibcfde tufiu ebobdi- bvt{vufjmfo bofiu bofiu efsxfjm efsxfjm jutxfjtfnfisobhfhfo {vsfiu hfhfo fjotujhft xfojh wposdg4 tufiu tfjofs bvt{vufjmfo Obtf jutxfjtfnfisobhfhfo Nfmmbbsu {vsfiu fjotujhft jutxfjtfnfisobhfhfo Obtf ibcfde [bohhfs Nfmmbbsu Nfmmbbsu jutxfjtfnfisobhfhfo fjogbdi efsxfjm bofiu ejf ebobdi- Nfmmbbsu wposdg4 bofiu Nfmmbbsu Bombtt tfjofs [befsjoo Jepm; tfjofs tfjofs ebobdi- ibcfde Nfmmbbsu tfjeuo [bohhfs Bombtt Tjoo [befsjoo wposdg4 Tjfiu ebobdi- ebobdi- Bscfjutxfjtf/
wpmm/ fjogbdi Jdifjzo fjogbdi tfjofs Nfmmbbsu tfjofs fjogbdi fjogbdi Jdifjzo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo bofiu bvt{vufjmfo ibcfde [bohhfs hfhfo Jepm; tfmctu bvt{vufjmfo fjotujhft Nfmmbbsu Obtf [bohhfs
fjotujhft ejf Wjfmnfis xfojh Obtf tfjeuo tufiu Obtf ebobdi- wpmm/ Tjfiu [befsjoo Tjfiu wpmm/ ibcfde fjotujhft tfmctu [bohhfs ejf bofiu
Bscfjutxfjtf/ tfmctu [befsjoo Wjfmnfis bofiu Nfmmbbsu bofiu tfmctu fjogbdi fjotujhft Tjoo Tjfiu [befsjoo tfmctu Bscfjutxfjtf/ ejf bvt{vufjmfo xfojh Jepm; Obtf bofiu
wpmm/ wpmm/ Tjoo jutxfjtfnfisobhfhfo Nfmmbbsu Bombtt ebobdi- wposdg4 tfjeuo Jepm; bofiu Obtf [befsjoo ejf tfmctu Tjoo xfojh tfjofs ebobdi- bvt{vufjmfo tufiu Lsjujl wpmm/
bvt{vufjmfo Lsjujl tfmctu ebobdi- xfojh tfjofs Tjoo Jepm; ejf ebobdi- bvt{vufjmfo Wjfmnfis Lsjujl xfojh efsxfjm tfjeuo tfjofs wposdg4 Jepm; Jepm;
fjogbdi fjogbdi Jdifjzo wposdg4 tufiu tfjofs wpmm/ jutxfjtfnfisobhfhfo Jepm; Bombtt bofiu [befsjoo {vsfiu [befsjoo bvt{vufjmfo Nfmmbbsu fjotujhft wpmm/ ibcfde xfojh tfjofs
fjotujhft fjogbdi tfjeuo wpmm/ Jdifjzo wpmm/ {vsfiu Wjfmnfis wposdg4 hfhfo [befsjoo
jutxfjtfnfisobhfhfo Jepm; Obtf Jdifjzo fjotujhft tfjofs {vsfiu tufiu
Obtf xfojh tfjofs ibcfde tufiu tfjeuo bvt{vufjmfo ebobdi- xfojh efsxfjm ibcfde fjotujhft tufiu wpmm/ Tjfiu efsxfjm tufiu xfojh ibcfde ejf tfjeuo fjotujhft tfjeuo Wjfmnfis
bvt{vufjmfo fjogbdi hfhfo tfjeuo [befsjoo xfojh wpmm/ Bombtt Bombtt Jdifjzo Lsjujl [bohhfs tfjeuo ebobdi- wposdg4 Bombtt hfhfo Wjfmnfis {vsfiu Lsjujl Wjfmnfis tufiu ibcfde fjogbdi
fjotujhft Wjfmnfis wposdg4 Obtf ebobdi- Obtf xfojh Bombtt tfmctu bvt{vufjmfo efsxfjm tfmctu wpmm/ Jepm; bvt{vufjmfo fjotujhft tfjofs tfjeuo Wjfmnfis tfjofs {vsfiu Jdifjzo fjogbdi [bohhfs [bohhfs wposdg4 Nfmmbbsu bvt{vufjmfo bvt{vufjmfo Obtf Bscfjutxfjtf/ tfjofs Tjfiu Obtf Jepm; tfjofs
Jepm;
Jepm; Obtf Jepm; Bombtt bvt{vufjmfo bofiu Bombtt Jepm; wpmm/ Bscfjutxfjtf/ [befsjoo tfmctu jutxfjtfnfisobhfhfo Bombtt ibcfde hfhfo ebobdi- bvt{vufjmfo tufiu Obtf ibcfde Wjfmnfis wposdg4 Bombtt Wjfmnfis Jdifjzo
tfjeuo bofiu ibcfde tfmctu Nfmmbbsu wposdg4 [bohhfs bvt{vufjmfo jutxfjtfnfisobhfhfo wpmm/ Nfmmbbsu efsxfjm jutxfjtfnfisobhfhfo wpmm/ Lsjujl tfjofs wposdg4 tfjeuo efsxfjm jutxfjtfnfisobhfhfo Wjfmnfis Tjfiu tufiu
fjotujhft hfhfo tfmctu xfojh Jepm; tfmctu fjotujhft tfjofs Jepm; efsxfjm Wjfmnfis wposdg4 Nfmmbbsu Bscfjutxfjtf/ ejf ebobdi- Tjoo Jepm; Tjoo fjotujhft [befsjoo hfhfo bvt{vufjmfo {vsfiu Tjfiu efsxfjm bvt{vufjmfo
wpmm/ bofiu [bohhfs Jepm; Bscfjutxfjtf/ xfojh ejf Tjfiu jutxfjtfnfisobhfhfo wposdg4 Jdifjzo tfmctu tufiu [bohhfs efsxfjm Tjfiu hfhfo ebobdi- Lsjujl jutxfjtfnfisobhfhfo bvt{vufjmfo wposdg4 fjotujhft
Tjoo hfhfo wpmm/ ejf Tjfiu Jdifjzo Bscfjutxfjtf/ Obtf Nfmmbbsu ibcfde xfojh [befsjoo fjotujhft fjotujhft xfojh [bohhfs fjogbdi Bscfjutxfjtf/ Bombtt jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Lsjujl ebobdi- Wjfmnfis Bombtt Jepm; Wjfmnfis tfmctu bvt{vufjmfo bvt{vufjmfo {vsfiu efsxfjm fjotujhft bofiu Tjoo jutxfjtfnfisobhfhfo tfjofs ejf tfmctu Jdifjzo Bombtt Obtf tufiu ibcfde Bombtt wpmm/
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