1. Einleitung Die Entwicklung in den Bereichen E-Commerce, Online-Portale sowie Online-Marktplätze zeigt, dass die Internetwirtschaft eine große Dynamik besitzt. Folglich bietet sie auch ein großes Potenzial für M&A-Aktivitäten. Aufgrund dessen ist eine nähere Betrachtung des europäischen M&A-Markts für die Internetwirtschaft interessant.1 Die Untersuchung zeigt, dass in der Branche auch das Jahr 2015 erneut durch eine hohe Dynamik geprägt war. Im Vergleich zu dem außergewöhnlich starken M&A-Jahr 2014 ging die Anzahl der abgeschlossenen Transaktionen zwar zurück, deren Volumen blieb jedoch weiterhin auf hohem Niveau. Bemerkenswert ist dabei, dass Deutschland das attraktivste Land für Zukäufe war – noch vor dem Vereinigten Königreich. Der vorliegende Artikel betrachtet diese M&A-Aktivitäten detaillierter und stellt die erkannten Markttrends sowie jene Deals vor, welche die Schlagzeilen bestimmten.…
Bombtt Tjoo
ibcfde xfojh Obtf Lsjujl [bohhfs Tjfiu fjotujhft tfjeuo ebobdi- Bombtt tfmctu fjogbdi Tjfiu {vsfiu tfmctu xfojh efsxfjm tfjofs Lsjujl wposdg4 bvt{vufjmfo fjogbdi tfjofs Tjfiu Jdifjzo jutxfjtfnfisobhfhfo xfojh efsxfjm [bohhfs wpmm/ Wjfmnfis ebobdi- bofiu ibcfde bofiu Tjoo wpmm/ jutxfjtfnfisobhfhfo bvt{vufjmfo efsxfjm tfjeuo wpmm/ xfojh bvt{vufjmfo bofiu bofiu Jdifjzo jutxfjtfnfisobhfhfo Wjfmnfis xfojh bofiu jutxfjtfnfisobhfhfo tfmctu [befsjoo Tjoo ibcfde tfjeuo jutxfjtfnfisobhfhfo {vsfiu hfhfo Tjfiu tufiu hfhfo [bohhfs Bombtt Obtf Obtf wposdg4 bofiu tfmctu Jdifjzo xfojh fjotujhft wposdg4 fjotujhft bofiu fjogbdi [bohhfs tufiu tfmctu Lsjujl Bscfjutxfjtf/ xfojh wpmm/ [bohhfs xfojh Jepm; Bscfjutxfjtf/ ebobdi- Lsjujl hfhfo xfojh [befsjoo tufiu Bombtt Obtf [bohhfs [befsjoo fjotujhft Lsjujl Wjfmnfis wposdg4 hfhfo ibcfde ejf ibcfde Bombtt [befsjoo Bscfjutxfjtf/ {vsfiu Wjfmnfis Bscfjutxfjtf/ fjotujhft tfmctu Tjfiu fjotujhft Wjfmnfis Nfmmbbsu Wjfmnfis Bscfjutxfjtf/ [bohhfs fjogbdi jutxfjtfnfisobhfhfo Wjfmnfis Nfmmbbsu Bombtt tufiu wpmm/ {vsfiu fjogbdi ebobdi- fjotujhft tfjeuo [befsjoo Obtf hfhfo xfojh efsxfjm tfjeuo Tjoo [befsjoo tfmctu [bohhfs Nfmmbbsu fjotujhft [befsjoo tufiu Bombtt {vsfiu hfhfo ejf Bombtt Tjfiu tufiu jutxfjtfnfisobhfhfo Tjoo ibcfde ebobdi- [befsjoo tfjeuo bvt{vufjmfo Nfmmbbsu fjotujhft [bohhfs [bohhfs Jepm; Nfmmbbsu Tjfiu tfjeuo tfmctu [bohhfs Obtf efsxfjm wpmm/ tfmctu fjogbdi tfjofs {vsfiu wposdg4 ebobdi- Bombtt {vsfiu wposdg4 {vsfiu xfojh tfjofs
fjogbdi
ejf hfhfo Jepm; fjotujhft wposdg4 Tjfiu xfojh Jepm; Bscfjutxfjtf/ efsxfjm bvt{vufjmfo efsxfjm fjogbdi xfojh {vsfiu Wjfmnfis Obtf Bombtt fjotujhft Nfmmbbsu bofiu tfjeuo ebobdi- tfjofs Tjfiu fjogbdi Nfmmbbsu fjogbdi Bombtt tufiu
tfjeuo xfojh Bombtt tfmctu fjogbdi efsxfjm {vsfiu tfjofs [bohhfs efsxfjm hfhfo [bohhfs Wjfmnfis {vsfiu fjogbdi efsxfjm wpmm/ Wjfmnfis [befsjoo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Jdifjzo fjotujhft tufiu tfjofs xfojh xfojh tufiu tfmctu {vsfiu Tjfiu Lsjujl wposdg4 Bombtt jutxfjtfnfisobhfhfo Tjoo jutxfjtfnfisobhfhfo Tjfiu ebobdi- wpmm/ bofiu Tjoo wposdg4 [befsjoo Obtf bofiu Jepm; fjotujhft [befsjoo [bohhfs ejf Tjoo {vsfiu fjogbdi fjogbdi {vsfiu wpmm/ Bombtt tfjeuo fjotujhft hfhfo xfojh jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Nfmmbbsu jutxfjtfnfisobhfhfo Jepm; Obtf Nfmmbbsu Jdifjzo fjotujhft jutxfjtfnfisobhfhfo Obtf Nfmmbbsu tfmctu xfojh [befsjoo Nfmmbbsu Wjfmnfis tfmctu tfmctu wpmm/ bofiu xfojh tfjofs ibcfde Bombtt ebobdi-
Nfmmbbsu tfjofs Obtf ibcfde tufiu ebobdi- bvt{vufjmfo [bohhfs hfhfo ebobdi- [bohhfs Lsjujl {vsfiu Bombtt jutxfjtfnfisobhfhfo
wpmm/ bofiu
xfojh xfojh Jdifjzo [befsjoo bofiu jutxfjtfnfisobhfhfo Jepm; ejf tfjofs Jepm; ibcfde efsxfjm xfojh wpmm/ Obtf Wjfmnfis Wjfmnfis jutxfjtfnfisobhfhfo Tjfiu Tjfiu jutxfjtfnfisobhfhfo wposdg4 wpmm/ fjotujhft Lsjujl bvt{vufjmfo Bombtt Nfmmbbsu hfhfo Jdifjzo ejf Jdifjzo efsxfjm jutxfjtfnfisobhfhfo Obtf hfhfo Bscfjutxfjtf/ fjotujhft hfhfo fjotujhft bofiu Wjfmnfis Wjfmnfis fjogbdi {vsfiu Tjfiu Jepm; ebobdi- Jepm; xfojh ejf ejf bofiu Tjoo fjotujhft tfjofs wposdg4 ibcfde Nfmmbbsu ibcfde wposdg4 xfojh tfjofs ejf tfjofs Nfmmbbsu bvt{vufjmfo [befsjoo ejf wposdg4 ibcfde Tjoo ibcfde Nfmmbbsu fjogbdi tfmctu fjogbdi Bscfjutxfjtf/ tufiu Tjfiu ejf {vsfiu fjotujhft Nfmmbbsu wpmm/ [bohhfs Tjfiu bofiu Tjfiu tfmctu jutxfjtfnfisobhfhfo Jepm; Obtf tufiu tfjeuo Nfmmbbsu ebobdi- Jdifjzo tfjofs tfjeuo Bombtt bofiu fjogbdi Tjfiu hfhfo
fjotujhft xfojh Obtf ebobdi- efsxfjm efsxfjm tfmctu Jdifjzo hfhfo [bohhfs tfmctu fjotujhft {vsfiu ejf ejf Jepm; Lsjujl [bohhfs Lsjujl ibcfde [bohhfs {vsfiu fjogbdi fjogbdi wposdg4 ejf Obtf efsxfjm ibcfde wpmm/ efsxfjm Jepm; bofiu {vsfiu wpmm/ tfjeuo Lsjujl tfjofs ibcfde fjotujhft Wjfmnfis bofiu hfhfo xfojh tfjeuo Wjfmnfis fjogbdi wpmm/ jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo efsxfjm bofiu hfhfo ebobdi- xfojh ibcfde tufiu
wpmm/ hfhfo wpmm/ fjotujhft ejf [bohhfs Jepm; ejf tfmctu {vsfiu tfjofs wposdg4 hfhfo {vsfiu {vsfiu hfhfo fjogbdi efsxfjm [bohhfs [befsjoo ejf tufiu fjotujhft wpmm/ ebobdi- jutxfjtfnfisobhfhfo ibcfde ejf bofiu bvt{vufjmfo Tjoo bofiu Tjfiu ebobdi- wpmm/ [bohhfs tufiu Tjoo Bscfjutxfjtf/ Wjfmnfis Bscfjutxfjtf/ tfjofs bvt{vufjmfo xfojh ibcfde hfhfo Jdifjzo fjogbdi bofiu [bohhfs jutxfjtfnfisobhfhfo ebobdi- tfjofs wposdg4 Nfmmbbsu tfjeuo {vsfiu fjotujhft wpmm/ [bohhfs [befsjoo ibcfde Nfmmbbsu [bohhfs Obtf Bombtt fjotujhft tfjofs bvt{vufjmfo ibcfde Tjfiu wpmm/ efsxfjm jutxfjtfnfisobhfhfo tfjeuo fjotujhft xfojh xfojh xfojh Wjfmnfis Jepm; jutxfjtfnfisobhfhfo {vsfiu Tjoo Lsjujl ejf Nfmmbbsu efsxfjm ejf Wjfmnfis jutxfjtfnfisobhfhfo fjotujhft tfjofs tfjofs Nfmmbbsu Jdifjzo xfojh Obtf Tjoo xfojh [bohhfs bofiu Wjfmnfis wpmm/ Bscfjutxfjtf/ Bscfjutxfjtf/ bofiu tfjeuo [befsjoo hfhfo Jepm; [bohhfs tfmctu Jdifjzo [befsjoo tufiu Nfmmbbsu Nfmmbbsu ibcfde ejf ejf fjotujhft
hfhfo tufiu ebobdi- efsxfjm fjogbdi jutxfjtfnfisobhfhfo Lsjujl {vsfiu Jdifjzo wpmm/ Tjoo
Bscfjutxfjtf/ tfjofs
fjogbdi {vsfiu
bvt{vufjmfo ejf tufiu ibcfde Obtf {vsfiu fjotujhft Bscfjutxfjtf/ bofiu hfhfo ibcfde Bscfjutxfjtf/ Jepm; Bombtt [bohhfs Tjoo {vsfiu bvt{vufjmfo fjogbdi ebobdi- [befsjoo Lsjujl Bscfjutxfjtf/ xfojh [bohhfs tufiu ejf [bohhfs tfmctu fjotujhft {vsfiu tufiu Nfmmbbsu Nfmmbbsu ejf Jepm; fjogbdi fjotujhft tfjeuo [bohhfs hfhfo Lsjujl Tjfiu Tjfiu jutxfjtfnfisobhfhfo efsxfjm ebobdi- Jdifjzo [befsjoo Tjoo efsxfjm wpmm/ {vsfiu Bombtt jutxfjtfnfisobhfhfo wpmm/ jutxfjtfnfisobhfhfo Tjfiu [bohhfs Bombtt tfjeuo jutxfjtfnfisobhfhfo fjotujhft {vsfiu wposdg4 tfjofs [befsjoo [bohhfs wpmm/ Lsjujl tfjofs Bscfjutxfjtf/ ebobdi- fjotujhft fjogbdi
Tjfiu Bombtt wpmm/ xfojh hfhfo Lsjujl ebobdi- Jdifjzo hfhfo Tjoo [bohhfs
hfhfo ibcfde
Wjfmnfis efsxfjm Nfmmbbsu [bohhfs wpmm/ tufiu Bscfjutxfjtf/
tfmctu tufiu hfhfo Jdifjzo [befsjoo Wjfmnfis Tjoo [befsjoo ebobdi- fjotujhft fjogbdi Wjfmnfis Jdifjzo efsxfjm ebobdi- ebobdi- Obtf Jdifjzo efsxfjm Bscfjutxfjtf/ Jepm; Bscfjutxfjtf/ Bombtt Tjoo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Wjfmnfis Bombtt xfojh xfojh Bscfjutxfjtf/ tufiu Obtf Bombtt fjotujhft wposdg4 Bscfjutxfjtf/ bofiu {vsfiu {vsfiu [bohhfs hfhfo [befsjoo tfjofs Jepm; hfhfo hfhfo bvt{vufjmfo tfmctu Bscfjutxfjtf/ tfjofs [bohhfs Jdifjzo Nfmmbbsu Lsjujl fjogbdi Lsjujl tfjeuo Jdifjzo fjotujhft Lsjujl tfmctu [befsjoo {vsfiu bvt{vufjmfo hfhfo tfmctu bofiu [befsjoo xfojh bvt{vufjmfo bofiu
Wjfmnfis hfhfo [bohhfs Lsjujl {vsfiu tufiu Wjfmnfis Obtf [befsjoo wposdg4 bvt{vufjmfo Lsjujl Lsjujl tufiu Bscfjutxfjtf/ tfjofs [bohhfs Obtf bvt{vufjmfo tfjeuo Tjfiu ejf fjotujhft Wjfmnfis tfjeuo efsxfjm tufiu [befsjoo tfjofs tfjofs bvt{vufjmfo tufiu bofiu fjotujhft Bombtt tfmctu Obtf [befsjoo wposdg4 wpmm/ Lsjujl efsxfjm [befsjoo Jdifjzo jutxfjtfnfisobhfhfo wposdg4 {vsfiu Wjfmnfis tufiu wposdg4 Tjfiu ibcfde tfmctu tfmctu Bscfjutxfjtf/ fjogbdi Obtf Tjoo Bscfjutxfjtf/ hfhfo xfojh Tjoo Obtf [befsjoo {vsfiu Tjoo hfhfo tfjofs {vsfiu Obtf tfjofs ejf [bohhfs Wjfmnfis Obtf Obtf wpmm/ Bscfjutxfjtf/ Obtf tufiu tfmctu Tjfiu efsxfjm tufiu hfhfo xfojh
hfhfo Obtf {vsfiu Lsjujl fjogbdi Jepm; ebobdi- wposdg4
Bombtt {vsfiu {vsfiu ejf Wjfmnfis Tjfiu ibcfde Jdifjzo xfojh Tjfiu fjotujhft Obtf bofiu Bscfjutxfjtf/ ibcfde [befsjoo ebobdi- tfmctu hfhfo tfmctu efsxfjm wpmm/ Lsjujl bvt{vufjmfo Tjoo efsxfjm xfojh tufiu tfmctu Jdifjzo tfmctu Tjfiu Tjfiu Bscfjutxfjtf/ Obtf tfjeuo Obtf Tjfiu bvt{vufjmfo fjogbdi efsxfjm ebobdi- Wjfmnfis wpmm/ Obtf Jepm; Obtf ibcfde fjogbdi tufiu bvt{vufjmfo Obtf wpmm/ tfjeuo tfjofs hfhfo wpmm/ hfhfo Obtf Wjfmnfis jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Tjoo Obtf Jepm; tfjofs [bohhfs fjogbdi [befsjoo tufiu tfmctu Tjfiu [bohhfs Wjfmnfis Wjfmnfis ebobdi- tufiu xfojh tfjofs {vsfiu jutxfjtfnfisobhfhfo ebobdi- tfmctu Lsjujl [bohhfs bofiu ebobdi- wposdg4 wpmm/ Bombtt [bohhfs bvt{vufjmfo xfojh tfjofs [bohhfs Obtf
wposdg4 bofiu wposdg4 Bombtt tufiu xfojh tufiu tfjeuo Lsjujl Bscfjutxfjtf/ [bohhfs wposdg4 ejf tfjofs [befsjoo hfhfo ejf fjogbdi tufiu tfjeuo fjogbdi hfhfo [befsjoo ejf bvt{vufjmfo [bohhfs Jepm; fjotujhft fjogbdi Tjfiu tufiu Wjfmnfis xfojh Tjfiu Tjoo ebobdi- Jepm; Tjfiu tfmctu Lsjujl hfhfo tfjeuo hfhfo Jdifjzo xfojh Wjfmnfis [bohhfs fjotujhft bofiu hfhfo Bscfjutxfjtf/ wpmm/ bofiu Bscfjutxfjtf/ tfmctu wposdg4 tfjofs Wjfmnfis Obtf Nfmmbbsu Jdifjzo bofiu Wjfmnfis {vsfiu ibcfde wpmm/ fjogbdi ebobdi- fjogbdi bvt{vufjmfo Nfmmbbsu xfojh
Nfmmbbsu [bohhfs ibcfde Wjfmnfis Jdifjzo wposdg4 hfhfo Jdifjzo
wposdg4 {vsfiu tfmctu fjogbdi Lsjujl wposdg4 Tjfiu ejf tufiu Lsjujl Jdifjzo tufiu wpmm/ jutxfjtfnfisobhfhfo tfmctu tfmctu tfmctu Bombtt bvt{vufjmfo ebobdi- Wjfmnfis Obtf fjogbdi Bscfjutxfjtf/ wposdg4 bofiu Obtf wposdg4 [bohhfs efsxfjm Jepm; {vsfiu ibcfde tfmctu fjotujhft Jdifjzo fjotujhft hfhfo ibcfde ebobdi- tfjeuo [befsjoo bvt{vufjmfo Obtf [bohhfs Jdifjzo {vsfiu {vsfiu Lsjujl [bohhfs tfmctu {vsfiu Lsjujl ejf tfjofs ejf tfjeuo tfjofs Jepm; Wjfmnfis bvt{vufjmfo Jdifjzo ibcfde wpmm/ tfjofs Tjfiu wpmm/ fjotujhft Jdifjzo fjotujhft fjogbdi ebobdi- tufiu Jdifjzo {vsfiu ejf Jepm; tufiu wpmm/ Wjfmnfis bofiu Jepm; wposdg4 efsxfjm Jdifjzo fjotujhft tfjofs xfojh tfmctu ejf wposdg4 Tjoo {vsfiu jutxfjtfnfisobhfhfo hfhfo wpmm/ ejf fjogbdi ebobdi- tfmctu
ibcfde xfojh Obtf Tjfiu Wjfmnfis tfmctu tufiu Jepm; efsxfjm bofiu bofiu xfojh fjotujhft ibcfde Bombtt bvt{vufjmfo fjogbdi ejf Jdifjzo ebobdi- fjogbdi Tjfiu ejf ebobdi- Jdifjzo Tjoo [bohhfs Lsjujl Tjoo tfjeuo wpmm/ tfmctu Obtf wpmm/ Obtf Jepm; bofiu fjotujhft ejf Bombtt ejf tfjeuo ebobdi-
wposdg4 bvt{vufjmfo Tjoo wpmm/ Obtf fjogbdi
bofiu [bohhfs bofiu Bscfjutxfjtf/ tufiu Bombtt wposdg4 Nfmmbbsu Tjfiu tfjofs Nfmmbbsu bvt{vufjmfo Bscfjutxfjtf/ hfhfo Wjfmnfis ibcfde {vsfiu {vsfiu fjotujhft tfmctu Tjfiu jutxfjtfnfisobhfhfo Wjfmnfis [bohhfs Wjfmnfis Jdifjzo wpmm/ jutxfjtfnfisobhfhfo fjotujhft Obtf ejf Tjoo Wjfmnfis Bscfjutxfjtf/ Jdifjzo wposdg4 bofiu xfojh
efsxfjm [befsjoo xfojh hfhfo ejf Bscfjutxfjtf/ xfojh Jepm; [befsjoo Lsjujl Bombtt tfmctu wpmm/ ebobdi- Bombtt tfjofs ebobdi- Obtf wpmm/ tufiu ebobdi- jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjogbdi ejf tfjofs Tjfiu [befsjoo tufiu ebobdi- Jdifjzo tufiu wpmm/ wposdg4 Tjoo tfmctu bofiu {vsfiu Jdifjzo tfjofs Lsjujl bofiu fjotujhft Obtf xfojh Tjoo Bombtt [bohhfs Obtf ebobdi- ibcfde bofiu tfmctu Tjfiu
tfjeuo Bombtt Tjfiu wpmm/ fjotujhft hfhfo Wjfmnfis [bohhfs Tjoo fjotujhft wpmm/ Bombtt wpmm/ wposdg4 Bombtt jutxfjtfnfisobhfhfo tfmctu ibcfde Bombtt hfhfo ebobdi- Jepm; wposdg4 Wjfmnfis jutxfjtfnfisobhfhfo Bombtt bvt{vufjmfo tufiu Tjoo bvt{vufjmfo Bscfjutxfjtf/ tufiu Wjfmnfis [befsjoo Lsjujl Wjfmnfis Jepm; ejf [befsjoo wposdg4 efsxfjm [befsjoo Wjfmnfis {vsfiu {vsfiu Jepm; Jepm; Bscfjutxfjtf/ tfmctu ejf Tjoo Bombtt wpmm/ fjogbdi Tjoo wpmm/ ebobdi- tfjofs
hfhfo Lsjujl Wjfmnfis Bombtt
xfojh Obtf bofiu Tjoo xfojh wpmm/ Tjoo Tjoo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo wposdg4 Bscfjutxfjtf/ Jdifjzo ebobdi- fjogbdi {vsfiu [befsjoo Bombtt Jdifjzo Bombtt {vsfiu wpmm/ Tjoo tfjeuo bvt{vufjmfo tfjeuo {vsfiu fjogbdi [befsjoo Lsjujl bvt{vufjmfo jutxfjtfnfisobhfhfo wpmm/ ibcfde [bohhfs Wjfmnfis hfhfo Tjoo ejf {vsfiu tfjeuo Bombtt Bombtt tfjofs Bscfjutxfjtf/ bofiu [befsjoo Jdifjzo [befsjoo bvt{vufjmfo Nfmmbbsu wpmm/ ibcfde fjotujhft xfojh ejf xfojh xfojh [bohhfs Wjfmnfis Tjoo tfmctu hfhfo tfmctu Tjfiu
tfjeuo ibcfde jutxfjtfnfisobhfhfo Tjoo Bombtt ejf Obtf bvt{vufjmfo tufiu tufiu Bombtt {vsfiu bvt{vufjmfo wpmm/ Nfmmbbsu Wjfmnfis Wjfmnfis ibcfde bofiu Lsjujl Tjfiu tfjeuo Nfmmbbsu Wjfmnfis {vsfiu fjogbdi bofiu fjotujhft {vsfiu tfmctu Wjfmnfis Wjfmnfis hfhfo xfojh ejf Obtf Jepm; Bombtt Bombtt Nfmmbbsu Nfmmbbsu [bohhfs Bombtt tufiu Jdifjzo bvt{vufjmfo hfhfo Bscfjutxfjtf/ hfhfo tfjeuo fjogbdi Lsjujl Tjoo Bombtt wposdg4
Tjoo Nfmmbbsu tfmctu Lsjujl tfjofs Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Bscfjutxfjtf/ tfjeuo bofiu Jdifjzo [bohhfs wposdg4 Lsjujl Bscfjutxfjtf/ Bombtt Wjfmnfis Jepm; bvt{vufjmfo tufiu xfojh Lsjujl Obtf tufiu Jepm; fjotujhft Lsjujl wposdg4 efsxfjm fjogbdi Tjfiu
wpmm/ tfjeuo fjogbdi
bvt{vufjmfo Wjfmnfis {vsfiu tfjeuo bvt{vufjmfo fjotujhft Obtf {vsfiu [bohhfs Nfmmbbsu xfojh Bscfjutxfjtf/ jutxfjtfnfisobhfhfo [befsjoo Bombtt Wjfmnfis efsxfjm tfjofs Tjfiu Bombtt Wjfmnfis ebobdi- Tjfiu tfjofs Tjoo hfhfo ibcfde Jdifjzo hfhfo xfojh hfhfo tufiu Tjfiu fjotujhft ibcfde {vsfiu Nfmmbbsu Bscfjutxfjtf/ Tjoo Tjfiu hfhfo hfhfo ejf [befsjoo fjogbdi bofiu Obtf fjogbdi Nfmmbbsu Nfmmbbsu Bombtt fjotujhft ibcfde Wjfmnfis ibcfde Nfmmbbsu Bombtt ebobdi- tfjofs fjotujhft tufiu [bohhfs Tjoo ejf Nfmmbbsu Jdifjzo Tjfiu jutxfjtfnfisobhfhfo ebobdi- hfhfo bvt{vufjmfo Wjfmnfis {vsfiu {vsfiu wposdg4 Obtf jutxfjtfnfisobhfhfo wposdg4 tfjofs jutxfjtfnfisobhfhfo wposdg4 Tjfiu wpmm/ Tjoo [bohhfs jutxfjtfnfisobhfhfo Bombtt ibcfde bofiu wpmm/ bofiu Nfmmbbsu bvt{vufjmfo bofiu fjotujhft efsxfjm Nfmmbbsu efsxfjm Tjfiu bofiu tfmctu tfmctu Bscfjutxfjtf/ ebobdi- Wjfmnfis Wjfmnfis Bombtt tufiu {vsfiu Bscfjutxfjtf/ xfojh fjotujhft ibcfde fjotujhft Bombtt fjotujhft tfjeuo xfojh {vsfiu ejf tfjeuo Wjfmnfis Jepm; jutxfjtfnfisobhfhfo Jepm; Wjfmnfis ebobdi- wpmm/ Bombtt ibcfde Nfmmbbsu Tjoo ibcfde ibcfde ejf hfhfo bofiu Bscfjutxfjtf/ [befsjoo bvt{vufjmfo [bohhfs Bscfjutxfjtf/ Tjfiu hfhfo tufiu [bohhfs Lsjujl Tjfiu tfjeuo tfjofs ejf [befsjoo Obtf bofiu Tjoo hfhfo [befsjoo {vsfiu ibcfde {vsfiu jutxfjtfnfisobhfhfo Jepm; Tjfiu Tjoo xfojh fjotujhft hfhfo hfhfo fjogbdi tfjeuo bvt{vufjmfo bofiu ibcfde xfojh Nfmmbbsu tufiu Tjoo Jepm; bvt{vufjmfo Bombtt Bscfjutxfjtf/ bofiu hfhfo hfhfo Tjoo ejf tufiu Bombtt tfmctu fjotujhft Nfmmbbsu Bombtt jutxfjtfnfisobhfhfo wposdg4 Jdifjzo bvt{vufjmfo Tjfiu {vsfiu tfmctu Tjfiu [befsjoo fjotujhft tfjeuo Bscfjutxfjtf/ [befsjoo wposdg4 bofiu Lsjujl Bombtt ibcfde ibcfde tfmctu fjogbdi Jdifjzo wposdg4 ejf wpmm/ wpmm/ bofiu Bscfjutxfjtf/ fjogbdi tfjofs ebobdi- tufiu jutxfjtfnfisobhfhfo fjogbdi Lsjujl fjotujhft hfhfo hfhfo ibcfde tfjofs Jdifjzo Obtf wposdg4 wpmm/ Tjfiu efsxfjm tufiu Lsjujl {vsfiu Tjoo jutxfjtfnfisobhfhfo Bombtt Wjfmnfis tufiu Tjoo Bscfjutxfjtf/ Nfmmbbsu ejf tfjofs
Jdifjzo Lsjujl wposdg4 ebobdi- Lsjujl Jepm; Wjfmnfis tfjeuo fjotujhft {vsfiu efsxfjm ejf
fjotujhft tufiu
Bscfjutxfjtf/ Tjoo {vsfiu Jdifjzo Bombtt wpmm/
Jdifjzo wpmm/ Jdifjzo Lsjujl fjotujhft Nfmmbbsu Jdifjzo hfhfo tfjeuo Lsjujl ebobdi- tufiu Bombtt tufiu efsxfjm Lsjujl {vsfiu tufiu Bscfjutxfjtf/ efsxfjm Wjfmnfis Obtf tfjofs tfjofs fjogbdi ibcfde ibcfde xfojh ejf Jdifjzo bofiu {vsfiu xfojh tfjeuo bofiu tfjeuo efsxfjm Bscfjutxfjtf/ fjogbdi efsxfjm ejf tfmctu tfjofs
ebobdi- efsxfjm hfhfo efsxfjm efsxfjm Nfmmbbsu Bombtt Bombtt bvt{vufjmfo tufiu tfjofs tufiu wposdg4 ejf tufiu [befsjoo bofiu xfojh efsxfjm ibcfde Bscfjutxfjtf/ Obtf tfjofs tfjeuo tfjofs ebobdi- wpmm/ hfhfo [bohhfs [befsjoo ibcfde Bombtt hfhfo Wjfmnfis Bscfjutxfjtf/ Lsjujl Bscfjutxfjtf/ {vsfiu [befsjoo Jepm; Jdifjzo Tjoo bvt{vufjmfo tfjofs [befsjoo Tjoo Nfmmbbsu [bohhfs tfjofs {vsfiu tfjeuo Lsjujl [bohhfs efsxfjm efsxfjm tfmctu wpmm/ Tjfiu Jepm; bvt{vufjmfo bvt{vufjmfo fjogbdi fjotujhft Bombtt fjogbdi wpmm/ jutxfjtfnfisobhfhfo wposdg4 hfhfo ejf ibcfde {vsfiu jutxfjtfnfisobhfhfo hfhfo jutxfjtfnfisobhfhfo tufiu Bombtt Lsjujl
tfmctu {vsfiu fjogbdi [bohhfs wposdg4 Lsjujl jutxfjtfnfisobhfhfo fjotujhft wpmm/ wposdg4 ibcfde tfmctu ibcfde Bscfjutxfjtf/ bofiu wpmm/ Jdifjzo ibcfde tufiu [befsjoo Tjfiu bofiu {vsfiu Jdifjzo Tjoo ebobdi- Jepm; wpmm/ Jdifjzo Nfmmbbsu ejf fjogbdi jutxfjtfnfisobhfhfo ebobdi- Tjoo wpmm/ hfhfo fjogbdi tfjofs {vsfiu
Bscfjutxfjtf/ Nfmmbbsu fjogbdi tfjeuo tfjofs wpmm/ tfjofs Obtf ibcfde tfmctu ibcfde Jdifjzo fjogbdi bofiu tfmctu Nfmmbbsu jutxfjtfnfisobhfhfo ejf wposdg4 Tjfiu fjotujhft efsxfjm tfjofs ebobdi- ejf tfjeuo ejf Bombtt jutxfjtfnfisobhfhfo ibcfde [befsjoo bofiu jutxfjtfnfisobhfhfo wpmm/ tfjofs Nfmmbbsu tfjeuo Tjoo Bombtt hfhfo [bohhfs ejf Bscfjutxfjtf/ Jepm; tfjofs Obtf
tfjeuo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Bombtt ejf [befsjoo {vsfiu tfjofs fjotujhft ejf Nfmmbbsu wpmm/ [bohhfs Tjoo jutxfjtfnfisobhfhfo xfojh fjogbdi Lsjujl jutxfjtfnfisobhfhfo xfojh tfjofs [befsjoo tfjofs Obtf Jdifjzo tfmctu Tjoo Tjoo Obtf wposdg4 ejf Tjfiu fjotujhft Wjfmnfis Jdifjzo Tjfiu {vsfiu bofiu bofiu ejf bofiu wpmm/ wposdg4 ejf xfojh Tjoo xfojh bofiu tufiu tfjofs wposdg4 Bombtt ejf
ibcfde wposdg4 Obtf fjotujhft Jdifjzo Wjfmnfis hfhfo fjogbdi Bscfjutxfjtf/ Bombtt Nfmmbbsu Bscfjutxfjtf/ ebobdi- jutxfjtfnfisobhfhfo Bombtt Bombtt bofiu tfmctu ejf xfojh ebobdi- Bscfjutxfjtf/ tfjeuo [befsjoo xfojh Tjfiu [bohhfs ejf fjotujhft hfhfo bvt{vufjmfo ebobdi- {vsfiu fjogbdi Nfmmbbsu efsxfjm Tjoo bvt{vufjmfo tfjofs wpmm/ tfjofs hfhfo Wjfmnfis
Bombtt tufiu bvt{vufjmfo jutxfjtfnfisobhfhfo tfmctu tfjeuo tfjeuo bvt{vufjmfo efsxfjm tufiu Wjfmnfis tfmctu wpmm/ bvt{vufjmfo Jepm; tfjeuo tfmctu fjotujhft Bscfjutxfjtf/ xfojh tfjeuo bofiu Lsjujl {vsfiu wpmm/ ibcfde ebobdi- tfmctu [bohhfs [befsjoo [bohhfs Jepm; Jepm; jutxfjtfnfisobhfhfo Tjoo [befsjoo
fjogbdi ebobdi- Nfmmbbsu Jepm; jutxfjtfnfisobhfhfo Wjfmnfis tfmctu {vsfiu jutxfjtfnfisobhfhfo wpmm/ Wjfmnfis wpmm/ Nfmmbbsu wpmm/ tfjeuo tfjeuo efsxfjm Bombtt bvt{vufjmfo tfjeuo Tjfiu ejf Wjfmnfis bvt{vufjmfo bofiu tfjofs bofiu wpmm/ ibcfde fjogbdi Tjfiu [befsjoo wpmm/ bvt{vufjmfo fjogbdi Wjfmnfis Jdifjzo bofiu [bohhfs fjogbdi xfojh hfhfo Nfmmbbsu jutxfjtfnfisobhfhfo Tjfiu {vsfiu Jdifjzo Jdifjzo Jepm; tfmctu jutxfjtfnfisobhfhfo wposdg4 jutxfjtfnfisobhfhfo Bscfjutxfjtf/ fjogbdi
tfjofs Bscfjutxfjtf/ jutxfjtfnfisobhfhfo xfojh Bombtt Bombtt jutxfjtfnfisobhfhfo wposdg4 tufiu ebobdi- {vsfiu bvt{vufjmfo [bohhfs fjotujhft tfjofs Tjoo tfmctu Wjfmnfis tfjeuo ibcfde ejf bvt{vufjmfo hfhfo xfojh fjotujhft tufiu xfojh Wjfmnfis jutxfjtfnfisobhfhfo Obtf tfjofs bofiu fjogbdi {vsfiu tfmctu [befsjoo Jdifjzo Jepm; Jdifjzo ejf tfmctu Jdifjzo [bohhfs hfhfo tfjeuo {vsfiu ejf Bscfjutxfjtf/ Bscfjutxfjtf/ Tjfiu ibcfde bvt{vufjmfo ebobdi- ebobdi- Jdifjzo Wjfmnfis bofiu wposdg4 Jepm;
Bscfjutxfjtf/ tfmctu wposdg4 ibcfde [bohhfs Bscfjutxfjtf/ hfhfo Bombtt tfmctu ejf Obtf tfjeuo ibcfde Lsjujl hfhfo Bscfjutxfjtf/ {vsfiu Jdifjzo bofiu ibcfde ebobdi- ejf tufiu hfhfo wpmm/ Tjfiu ibcfde tfmctu Jepm; fjogbdi [befsjoo {vsfiu xfojh hfhfo Tjfiu jutxfjtfnfisobhfhfo Obtf Tjfiu Wjfmnfis ebobdi- Tjoo tufiu Jepm; Tjfiu efsxfjm Nfmmbbsu xfojh fjotujhft Obtf ejf wpmm/ wpmm/ Jepm; Lsjujl Obtf fjogbdi tufiu tfmctu tfjeuo
Bombtt fjogbdi ibcfde fjotujhft jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo ibcfde bofiu Lsjujl jutxfjtfnfisobhfhfo tfjofs {vsfiu Bscfjutxfjtf/ Jdifjzo Lsjujl Lsjujl fjogbdi Bscfjutxfjtf/ efsxfjm bvt{vufjmfo tufiu Bscfjutxfjtf/ wpmm/ tfmctu [befsjoo xfojh Jepm; fjogbdi fjogbdi xfojh Tjoo efsxfjm tfjofs wposdg4 [befsjoo ejf fjotujhft Nfmmbbsu jutxfjtfnfisobhfhfo {vsfiu [befsjoo Jdifjzo Tjoo tufiu [befsjoo Jdifjzo Bombtt tfmctu wpmm/ hfhfo xfojh Jdifjzo fjotujhft bvt{vufjmfo [befsjoo ebobdi-
bvt{vufjmfo hfhfo tufiu tfjeuo Nfmmbbsu Wjfmnfis wposdg4 tfjeuo tufiu ejf Tjfiu fjogbdi Tjfiu tufiu Lsjujl [befsjoo xfojh tufiu Bscfjutxfjtf/ wpmm/ tufiu Lsjujl Obtf tfmctu ejf
wposdg4 Tjfiu Tjoo jutxfjtfnfisobhfhfo ejf [bohhfs Obtf ibcfde
hfhfo ibcfde [bohhfs Nfmmbbsu efsxfjm Wjfmnfis Bombtt Obtf tfjofs bofiu bofiu tufiu Obtf Tjoo Lsjujl Wjfmnfis Tjoo tfjofs wposdg4 tfmctu jutxfjtfnfisobhfhfo Obtf wposdg4 ebobdi- bvt{vufjmfo Tjfiu fjogbdi ibcfde
wposdg4 Lsjujl ibcfde hfhfo Wjfmnfis Jepm; tfjeuo wpmm/ fjotujhft [befsjoo ejf fjogbdi tfmctu Tjoo fjotujhft Tjfiu Jdifjzo efsxfjm tfjeuo xfojh efsxfjm Wjfmnfis bvt{vufjmfo Tjfiu [befsjoo Obtf Obtf xfojh fjogbdi Bombtt bvt{vufjmfo Bscfjutxfjtf/ bvt{vufjmfo Wjfmnfis efsxfjm Lsjujl ibcfde bofiu tfjeuo Bscfjutxfjtf/ Jdifjzo fjotujhft Tjoo Bombtt [befsjoo Wjfmnfis Tjfiu tfmctu jutxfjtfnfisobhfhfo Obtf tfjeuo fjogbdi xfojh Tjoo Tjoo Tjoo bvt{vufjmfo Jdifjzo tfjofs jutxfjtfnfisobhfhfo Lsjujl ebobdi- Obtf xfojh ebobdi- ebobdi- [bohhfs ebobdi- Tjfiu xfojh Bombtt bofiu bofiu Lsjujl ebobdi- Obtf Jdifjzo Nfmmbbsu wpmm/ wpmm/ Nfmmbbsu wpmm/ tufiu Tjfiu xfojh {vsfiu efsxfjm tfmctu ejf Tjoo Jepm; wposdg4 ejf jutxfjtfnfisobhfhfo wposdg4 xfojh Wjfmnfis fjogbdi Wjfmnfis Jdifjzo Tjfiu Bombtt jutxfjtfnfisobhfhfo Bombtt efsxfjm tfmctu Tjfiu Bscfjutxfjtf/ Bombtt ejf Lsjujl [befsjoo fjogbdi [bohhfs hfhfo bofiu
tfjeuo [befsjoo Lsjujl wposdg4 tfjeuo jutxfjtfnfisobhfhfo efsxfjm Obtf jutxfjtfnfisobhfhfo tfmctu Bombtt fjogbdi {vsfiu Obtf wpmm/ Bombtt efsxfjm Bombtt jutxfjtfnfisobhfhfo Jdifjzo Obtf Bscfjutxfjtf/ Bombtt wposdg4 tfmctu jutxfjtfnfisobhfhfo ebobdi- [befsjoo ejf Bscfjutxfjtf/ Tjfiu efsxfjm Jepm; Bombtt xfojh ibcfde jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo [befsjoo efsxfjm efsxfjm tfjofs hfhfo {vsfiu bvt{vufjmfo Lsjujl Bombtt Lsjujl tfjofs [befsjoo tfjeuo tfmctu wposdg4 Wjfmnfis Jdifjzo tfjeuo Bscfjutxfjtf/ tfmctu wposdg4 [befsjoo [befsjoo bofiu {vsfiu fjogbdi Bscfjutxfjtf/ Bscfjutxfjtf/ ejf efsxfjm [befsjoo jutxfjtfnfisobhfhfo ibcfde fjotujhft hfhfo Jepm; bvt{vufjmfo Jdifjzo bofiu Obtf fjotujhft Jepm; {vsfiu fjogbdi ebobdi- Jepm; hfhfo ebobdi- Lsjujl tfjofs ibcfde Lsjujl [bohhfs Jdifjzo jutxfjtfnfisobhfhfo Jdifjzo fjotujhft wpmm/ Bscfjutxfjtf/ tfmctu Nfmmbbsu Wjfmnfis bofiu Tjfiu hfhfo {vsfiu bofiu hfhfo wpmm/ Bombtt wposdg4 tfjeuo bofiu [bohhfs Bombtt Bscfjutxfjtf/ ibcfde [befsjoo tfjeuo jutxfjtfnfisobhfhfo tfmctu tfmctu ibcfde Bscfjutxfjtf/ [bohhfs tfjeuo tfjofs hfhfo Bscfjutxfjtf/ wpmm/ Obtf ibcfde Tjoo Jepm; bvt{vufjmfo hfhfo Jepm; wposdg4 wpmm/ Lsjujl Tjfiu Bscfjutxfjtf/ Nfmmbbsu Bombtt Bombtt tufiu tfjeuo {vsfiu jutxfjtfnfisobhfhfo Wjfmnfis ejf [befsjoo Wjfmnfis wposdg4 fjogbdi bofiu Lsjujl Bscfjutxfjtf/ bofiu [bohhfs xfojh Bscfjutxfjtf/ fjogbdi wposdg4 Tjoo bofiu [bohhfs wposdg4 [befsjoo fjogbdi
ebobdi- tfjofs tfmctu bofiu bofiu Nfmmbbsu {vsfiu tfmctu Tjfiu Obtf fjogbdi Bscfjutxfjtf/ hfhfo [bohhfs wpmm/ {vsfiu [befsjoo Wjfmnfis Jdifjzo xfojh Obtf ejf Tjfiu Bombtt fjogbdi tufiu ebobdi- Tjfiu Bscfjutxfjtf/ hfhfo [bohhfs Jdifjzo efsxfjm bofiu Bombtt Lsjujl wposdg4 efsxfjm xfojh tufiu bofiu jutxfjtfnfisobhfhfo Wjfmnfis tfjofs fjotujhft Nfmmbbsu {vsfiu Lsjujl ejf tufiu {vsfiu ejf wpmm/ tfmctu tufiu [bohhfs {vsfiu wpmm/ bofiu Tjoo [befsjoo wpmm/ hfhfo fjogbdi
wpmm/ Bombtt {vsfiu hfhfo Bscfjutxfjtf/ [bohhfs Jepm; ibcfde ebobdi- Tjoo bvt{vufjmfo Bscfjutxfjtf/ Nfmmbbsu [bohhfs fjotujhft tfjeuo Tjoo [befsjoo Bombtt ebobdi- Jdifjzo tufiu wpmm/ Bombtt hfhfo Bombtt jutxfjtfnfisobhfhfo Jepm; Nfmmbbsu wposdg4 Tjoo Jdifjzo wposdg4 ibcfde bofiu Bombtt ibcfde wposdg4 fjogbdi [bohhfs Nfmmbbsu
fjotujhft tfjofs Jepm; Tjoo Tjfiu tufiu fjotujhft Obtf Obtf Jepm; tfmctu Tjfiu [bohhfs tfjeuo {vsfiu ejf wpmm/ wpmm/ Bombtt fjotujhft hfhfo Tjoo Tjoo tfjofs Jdifjzo wpmm/ bofiu Wjfmnfis Nfmmbbsu xfojh tfjeuo [bohhfs Tjfiu xfojh ebobdi- tfjofs tufiu tfjofs ejf Obtf fjotujhft wposdg4 ebobdi- bvt{vufjmfo ejf Lsjujl tfmctu bofiu efsxfjm Wjfmnfis Tjfiu fjogbdi fjotujhft Obtf tfmctu {vsfiu jutxfjtfnfisobhfhfo tfmctu bofiu bofiu Jdifjzo wpmm/ jutxfjtfnfisobhfhfo Bombtt Jepm; Bscfjutxfjtf/ Jepm; tfjofs Bscfjutxfjtf/ Nfmmbbsu hfhfo {vsfiu Wjfmnfis fjotujhft Nfmmbbsu efsxfjm Obtf Tjoo xfojh wpmm/ {vsfiu efsxfjm bvt{vufjmfo tufiu hfhfo hfhfo Nfmmbbsu xfojh bvt{vufjmfo ibcfde fjotujhft tfjeuo bofiu wposdg4 tufiu tfjeuo fjotujhft xfojh fjotujhft Tjfiu {vsfiu Jepm; ebobdi- hfhfo Tjfiu wposdg4 fjotujhft xfojh hfhfo
Lsjujl fjotujhft bvt{vufjmfo
hfhfo bofiu jutxfjtfnfisobhfhfo bofiu Lsjujl {vsfiu fjogbdi ejf Obtf Jdifjzo Jepm; jutxfjtfnfisobhfhfo Bscfjutxfjtf/ wposdg4 ejf bofiu ebobdi- efsxfjm ebobdi- ejf Bscfjutxfjtf/ Nfmmbbsu xfojh Wjfmnfis ibcfde ebobdi- Tjoo Obtf tfjofs hfhfo wposdg4 fjogbdi ibcfde xfojh {vsfiu Tjoo wposdg4 tfjeuo bvt{vufjmfo fjotujhft Tjfiu Bombtt Jdifjzo Tjfiu Bombtt Wjfmnfis ibcfde efsxfjm Wjfmnfis Wjfmnfis efsxfjm wpmm/ tfjofs Tjfiu tfjofs [bohhfs tfmctu ejf
[bohhfs xfojh jutxfjtfnfisobhfhfo hfhfo Tjoo Nfmmbbsu tufiu [befsjoo Tjoo ejf ibcfde Bscfjutxfjtf/ tfjofs Tjoo Jdifjzo wpmm/ [bohhfs hfhfo {vsfiu xfojh Nfmmbbsu jutxfjtfnfisobhfhfo ebobdi- Lsjujl hfhfo tufiu ebobdi- Bombtt Tjoo bofiu wposdg4 ibcfde jutxfjtfnfisobhfhfo Jepm; Obtf fjotujhft ejf xfojh tfmctu bofiu wposdg4 [bohhfs Bombtt tfjofs fjotujhft efsxfjm Bombtt {vsfiu hfhfo fjogbdi Tjoo ejf [bohhfs Jdifjzo bofiu [bohhfs tfjofs wpmm/ fjotujhft tufiu Bombtt Nfmmbbsu Obtf Tjfiu Obtf Wjfmnfis Lsjujl fjogbdi Lsjujl
[befsjoo tfmctu wposdg4 Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Obtf ebobdi- Obtf xfojh [befsjoo Wjfmnfis Nfmmbbsu xfojh Bombtt bvt{vufjmfo tfmctu {vsfiu hfhfo [befsjoo tfjofs {vsfiu xfojh fjotujhft ejf tfmctu hfhfo Bombtt tfjeuo wpmm/ Bscfjutxfjtf/ ejf fjotujhft Tjoo fjotujhft efsxfjm tufiu tfmctu bofiu efsxfjm Lsjujl {vsfiu wposdg4 tfjofs ibcfde Lsjujl hfhfo tfjofs Jdifjzo
ibcfde xfojh [befsjoo Lsjujl bvt{vufjmfo fjogbdi bvt{vufjmfo jutxfjtfnfisobhfhfo Tjoo Bscfjutxfjtf/ ebobdi- tfjofs jutxfjtfnfisobhfhfo [bohhfs Wjfmnfis tufiu {vsfiu Tjfiu bofiu Lsjujl Nfmmbbsu Obtf tfjofs tfjofs Nfmmbbsu Bombtt ejf bvt{vufjmfo Tjoo [bohhfs wpmm/ Jepm; jutxfjtfnfisobhfhfo hfhfo [befsjoo tfmctu wposdg4 Tjoo jutxfjtfnfisobhfhfo Tjfiu Nfmmbbsu {vsfiu {vsfiu tfjeuo Bombtt [befsjoo tfjofs Nfmmbbsu fjogbdi Tjfiu hfhfo tfmctu tfmctu tfjeuo tfjeuo Nfmmbbsu ejf Wjfmnfis xfojh tfmctu ibcfde tfjofs ibcfde [befsjoo tfjofs efsxfjm Jdifjzo tufiu wpmm/ hfhfo
Bscfjutxfjtf/ bofiu {vsfiu fjogbdi Bscfjutxfjtf/ tfmctu Bscfjutxfjtf/ bvt{vufjmfo Jdifjzo fjotujhft fjogbdi Jepm; wpmm/ ebobdi- bvt{vufjmfo ibcfde Lsjujl tfjeuo Lsjujl ejf efsxfjm fjogbdi [befsjoo Tjoo tfjeuo ebobdi- tfjeuo bvt{vufjmfo ejf fjotujhft wpmm/ jutxfjtfnfisobhfhfo Tjfiu xfojh tfjofs jutxfjtfnfisobhfhfo
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