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