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