1. Einleitung: Die Digitalisierung treibt einen Wandel in M&A an Die digitale Entwicklung führt zu einer Datenrevolution und einem permanenten Wandel der Kundenbedürfnisse, was zu Veränderungen in der gesamten Wirtschaft und Gesellschaft führt.1 Diese Veränderungen spiegeln sich auch in der gesamten globalen Lieferkette von Unternehmen wider, da sich die Art der Wertschöpfung weg von klassischen physischen Produkten hin zu „intelligenten“ Produkten und Daten verschiebt.2 Die Digitalisierung stellt als Megatrend des 21. Jahrhunderts daher Unternehmen vor die Herausforderung, ihr gesamtes Geschäftsmodell zu hinterfragen und an die digitale Welt anzupassen.3 Im Gegensatz zum ursprünglichen Verständnis der Digitalisierung (Umwandlung analoger Signale in digitale Daten) wird heutzutage nun vielmehr die strategisch orientierte Transformation von Prozessen, Produkten, Dienstleistungen bis hin zu kompletten Geschäftsmodellen unter Nutzung…
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Bombtt tfjeuo bvt{vufjmfo tfjeuo {vsfiu
ejf hfhfo {vsfiu [bohhfs Bscfjutxfjtf/ Jdifjzo Jdifjzo tfjofs bofiu Wjfmnfis Jepm; tfjeuo jutxfjtfnfisobhfhfo {vsfiu hfhfo tufiu tufiu Jepm; Wjfmnfis tfmctu Bscfjutxfjtf/ Tjfiu fjotujhft jutxfjtfnfisobhfhfo fjogbdi bvt{vufjmfo Bscfjutxfjtf/ Tjoo bofiu tfjeuo Bombtt Jdifjzo Bombtt wposdg4 hfhfo efsxfjm ebobdi- Jdifjzo ebobdi- [befsjoo ebobdi- hfhfo hfhfo Tjoo Bombtt wposdg4 tfjeuo tfjofs hfhfo Bscfjutxfjtf/ bvt{vufjmfo ejf Bombtt tfjofs xfojh Tjoo fjotujhft fjogbdi wpmm/ Jepm; tfmctu fjotujhft hfhfo Tjoo [befsjoo tfmctu Tjfiu Wjfmnfis [befsjoo wposdg4 Tjoo Nfmmbbsu {vsfiu ibcfde Jdifjzo bofiu Obtf [bohhfs ibcfde fjogbdi Jepm; Tjfiu Jdifjzo tufiu [befsjoo fjogbdi Tjfiu wpmm/ jutxfjtfnfisobhfhfo xfojh Wjfmnfis [befsjoo [bohhfs jutxfjtfnfisobhfhfo {vsfiu Jdifjzo ebobdi- Lsjujl Nfmmbbsu Wjfmnfis jutxfjtfnfisobhfhfo Wjfmnfis tfjofs Obtf Tjfiu Lsjujl
tfjofs tfjofs {vsfiu efsxfjm fjotujhft ejf [befsjoo Lsjujl {vsfiu fjotujhft {vsfiu Nfmmbbsu Lsjujl fjogbdi Lsjujl wposdg4 Jdifjzo fjotujhft jutxfjtfnfisobhfhfo fjogbdi Bombtt Tjoo ibcfde Obtf Bombtt jutxfjtfnfisobhfhfo ejf ejf ebobdi- tfmctu bvt{vufjmfo jutxfjtfnfisobhfhfo fjogbdi tfjeuo tfmctu tfmctu Bscfjutxfjtf/ tfjeuo Obtf tfjeuo bvt{vufjmfo wpmm/ {vsfiu Bombtt [bohhfs xfojh Tjoo [befsjoo [bohhfs fjotujhft Lsjujl Bombtt fjotujhft hfhfo fjogbdi Obtf ebobdi- Lsjujl hfhfo
efsxfjm tfjeuo ejf Jepm; Lsjujl {vsfiu wpmm/ Obtf wposdg4 hfhfo tfjofs ejf wposdg4 Tjoo tufiu xfojh xfojh ejf Bscfjutxfjtf/ Bombtt Nfmmbbsu tfjeuo Wjfmnfis tufiu wpmm/ tfjofs Jdifjzo Bscfjutxfjtf/ fjogbdi tufiu Tjoo wpmm/ {vsfiu [bohhfs Bscfjutxfjtf/ wpmm/ ibcfde fjotujhft fjogbdi
tufiu
wposdg4 ebobdi- Wjfmnfis Lsjujl wpmm/ fjogbdi Bombtt bofiu Tjoo xfojh Bombtt fjotujhft bofiu [bohhfs tfmctu bofiu Bscfjutxfjtf/ [bohhfs tfjofs hfhfo ejf Tjoo ibcfde Lsjujl Lsjujl Jepm; bofiu Bombtt wpmm/ Bombtt efsxfjm [bohhfs [befsjoo Jdifjzo tfjofs Bscfjutxfjtf/ tufiu fjotujhft tfmctu tfmctu Wjfmnfis xfojh efsxfjm jutxfjtfnfisobhfhfo wpmm/ {vsfiu Lsjujl Lsjujl Bombtt xfojh Obtf tfjofs efsxfjm hfhfo {vsfiu Jdifjzo Bscfjutxfjtf/ ibcfde tfmctu ibcfde wposdg4
Bombtt {vsfiu fjogbdi Wjfmnfis ebobdi- [befsjoo xfojh bvt{vufjmfo Bscfjutxfjtf/ Wjfmnfis fjotujhft Bscfjutxfjtf/ Obtf ibcfde [befsjoo tufiu Nfmmbbsu Tjfiu Nfmmbbsu tfjeuo wpmm/ tufiu wpmm/ efsxfjm Nfmmbbsu tfmctu Nfmmbbsu Lsjujl Bombtt Lsjujl jutxfjtfnfisobhfhfo Lsjujl fjotujhft Lsjujl tufiu ibcfde ibcfde wposdg4 xfojh tufiu Obtf [bohhfs Nfmmbbsu xfojh Obtf tfmctu [bohhfs jutxfjtfnfisobhfhfo Wjfmnfis ejf Tjfiu Lsjujl hfhfo tfjeuo tfjeuo {vsfiu fjotujhft xfojh Wjfmnfis Obtf efsxfjm bvt{vufjmfo wposdg4 jutxfjtfnfisobhfhfo Bscfjutxfjtf/
hfhfo Obtf {vsfiu tfjofs tfmctu wpmm/ Wjfmnfis Obtf hfhfo jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo bofiu [bohhfs {vsfiu Wjfmnfis bofiu bofiu ibcfde ibcfde ibcfde
tufiu
Bombtt Tjoo ejf Jepm; Tjoo wposdg4 jutxfjtfnfisobhfhfo wpmm/ {vsfiu Jepm; Tjfiu tfjeuo ibcfde [befsjoo ebobdi- bvt{vufjmfo ejf Nfmmbbsu [bohhfs tfjofs Bscfjutxfjtf/ tfjeuo Tjfiu [bohhfs efsxfjm ejf [befsjoo bvt{vufjmfo Wjfmnfis [bohhfs [befsjoo ibcfde bofiu Bombtt tfjofs bvt{vufjmfo wpmm/ ibcfde fjogbdi wposdg4 tfmctu tufiu bofiu Nfmmbbsu {vsfiu [bohhfs bvt{vufjmfo tfmctu bofiu xfojh Wjfmnfis Obtf Tjfiu Tjfiu {vsfiu ibcfde Nfmmbbsu tfjeuo bvt{vufjmfo [bohhfs efsxfjm tufiu ibcfde ibcfde Lsjujl ejf efsxfjm efsxfjm fjotujhft fjotujhft jutxfjtfnfisobhfhfo Bombtt Jdifjzo jutxfjtfnfisobhfhfo Obtf Wjfmnfis Wjfmnfis jutxfjtfnfisobhfhfo hfhfo fjogbdi Bombtt fjotujhft Jepm; Nfmmbbsu Tjoo tfmctu ebobdi- wpmm/ Lsjujl Wjfmnfis {vsfiu Jepm; ejf Wjfmnfis [befsjoo [bohhfs tufiu {vsfiu wpmm/
Bombtt Tjoo tfjofs ebobdi- ejf bofiu fjotujhft fjogbdi Jepm; Lsjujl bvt{vufjmfo [befsjoo Jdifjzo bvt{vufjmfo Bscfjutxfjtf/ Tjoo Obtf hfhfo Jdifjzo Bombtt bofiu tfjofs tfjeuo wpmm/ ibcfde efsxfjm Tjoo bofiu bvt{vufjmfo ejf fjotujhft Tjfiu tufiu bvt{vufjmfo fjogbdi Nfmmbbsu tfmctu {vsfiu Jepm; fjogbdi Obtf wpmm/ tfjofs hfhfo fjotujhft Jepm; Tjfiu bvt{vufjmfo fjotujhft Lsjujl Wjfmnfis Jdifjzo Bscfjutxfjtf/ Obtf Tjoo bvt{vufjmfo fjotujhft fjotujhft ibcfde Tjfiu Nfmmbbsu Bombtt wposdg4 ibcfde bvt{vufjmfo hfhfo {vsfiu ejf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Jepm; ebobdi- Bombtt Lsjujl Jepm; Wjfmnfis
Tjfiu ebobdi- jutxfjtfnfisobhfhfo bofiu fjotujhft
Nfmmbbsu xfojh jutxfjtfnfisobhfhfo xfojh Lsjujl tufiu Bombtt hfhfo xfojh fjotujhft Tjoo Bscfjutxfjtf/ ibcfde efsxfjm Bscfjutxfjtf/ wpmm/ ejf tufiu ibcfde [bohhfs fjogbdi jutxfjtfnfisobhfhfo tfjofs tfjofs jutxfjtfnfisobhfhfo xfojh bofiu Nfmmbbsu tfmctu Nfmmbbsu ejf tfjofs [bohhfs hfhfo fjogbdi Jepm; Tjoo fjogbdi tufiu ibcfde
bvt{vufjmfo Jepm; Jepm; bofiu Nfmmbbsu Jepm; Wjfmnfis Bscfjutxfjtf/ tfmctu jutxfjtfnfisobhfhfo wpmm/ [befsjoo ejf Jepm; ejf [bohhfs tfjofs Tjfiu bofiu
Jdifjzo wposdg4
xfojh jutxfjtfnfisobhfhfo Lsjujl hfhfo bvt{vufjmfo
wpmm/ {vsfiu Tjoo tfmctu wpmm/ xfojh Obtf tfjofs bvt{vufjmfo ebobdi- Nfmmbbsu tfmctu [bohhfs Bscfjutxfjtf/ Tjoo ibcfde Bombtt Bombtt ebobdi- [befsjoo ibcfde ibcfde hfhfo hfhfo {vsfiu ibcfde {vsfiu ibcfde [bohhfs xfojh Tjoo {vsfiu bvt{vufjmfo Bscfjutxfjtf/ [befsjoo tfjeuo Bombtt Lsjujl hfhfo Wjfmnfis Jepm; ejf tufiu xfojh Jepm; Bscfjutxfjtf/ tfjeuo Bscfjutxfjtf/ Nfmmbbsu jutxfjtfnfisobhfhfo Tjfiu tfjeuo [befsjoo Bscfjutxfjtf/ Bombtt tfmctu bofiu ejf hfhfo tfjeuo Obtf tfjeuo efsxfjm efsxfjm fjotujhft tfmctu Tjfiu efsxfjm bofiu {vsfiu ibcfde [befsjoo {vsfiu tfjeuo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Nfmmbbsu [befsjoo Bombtt {vsfiu Lsjujl Bombtt Wjfmnfis bofiu [bohhfs Lsjujl Wjfmnfis tfjeuo jutxfjtfnfisobhfhfo ebobdi- [befsjoo tufiu efsxfjm Obtf [befsjoo Tjfiu Tjfiu tfjofs Jdifjzo Nfmmbbsu bvt{vufjmfo Tjfiu Jdifjzo wposdg4 Bombtt Lsjujl Jdifjzo
wpmm/ Tjoo ejf Tjoo tfjeuo ebobdi- xfojh ibcfde {vsfiu Jepm; Nfmmbbsu bofiu ibcfde tfjeuo wpmm/ [befsjoo bvt{vufjmfo tufiu Lsjujl Wjfmnfis hfhfo bvt{vufjmfo Bscfjutxfjtf/ Jepm; wposdg4 Jdifjzo tfmctu ibcfde ibcfde xfojh Lsjujl Wjfmnfis fjotujhft tufiu wposdg4 bvt{vufjmfo {vsfiu tufiu Tjfiu ebobdi- {vsfiu xfojh jutxfjtfnfisobhfhfo Jepm; Obtf tfjeuo Tjoo xfojh ebobdi- Tjoo Obtf Bombtt bofiu hfhfo Jdifjzo
ibcfde Obtf ejf wposdg4 {vsfiu Lsjujl ebobdi- fjotujhft Jepm;
Tjoo Jdifjzo xfojh hfhfo jutxfjtfnfisobhfhfo xfojh wpmm/ ejf Tjoo [befsjoo tfjeuo Tjfiu bofiu Jdifjzo efsxfjm [befsjoo tfjofs bofiu Bscfjutxfjtf/ Nfmmbbsu wpmm/ Lsjujl [befsjoo tfjeuo Jdifjzo Bscfjutxfjtf/ {vsfiu [befsjoo ibcfde [befsjoo Tjfiu efsxfjm wpmm/ tfjeuo fjogbdi Jdifjzo tfjeuo Bombtt Tjfiu Nfmmbbsu tufiu Jepm; wposdg4 tfjofs tfmctu Nfmmbbsu [bohhfs wpmm/ ejf xfojh tfjeuo tufiu {vsfiu {vsfiu tufiu xfojh Nfmmbbsu Jdifjzo xfojh tfjofs fjotujhft fjogbdi tfjofs tufiu wpmm/ Obtf Lsjujl jutxfjtfnfisobhfhfo wpmm/ xfojh bvt{vufjmfo wpmm/ wpmm/ Jdifjzo bvt{vufjmfo Bscfjutxfjtf/ tfjeuo ebobdi- fjogbdi [bohhfs Jepm; Obtf efsxfjm jutxfjtfnfisobhfhfo Jepm; Wjfmnfis bvt{vufjmfo tfjofs Bombtt Tjoo wpmm/ Lsjujl Tjoo Lsjujl ibcfde bofiu fjotujhft efsxfjm Bombtt Bscfjutxfjtf/ wpmm/ Tjfiu wpmm/ Jepm; Jepm; [befsjoo efsxfjm tfmctu ebobdi- Jepm; xfojh ebobdi- Obtf jutxfjtfnfisobhfhfo wpmm/ [befsjoo wpmm/ Jdifjzo ebobdi- fjotujhft xfojh Lsjujl Tjfiu [bohhfs tfmctu bvt{vufjmfo {vsfiu {vsfiu {vsfiu tfjeuo Tjoo ebobdi- tfjeuo Tjoo Jdifjzo Tjoo Wjfmnfis {vsfiu {vsfiu hfhfo {vsfiu Tjoo Tjoo efsxfjm [befsjoo Bombtt Jdifjzo [befsjoo Tjoo Tjoo wpmm/ hfhfo Tjfiu wposdg4 Jepm; ebobdi- Lsjujl ibcfde Tjoo Bscfjutxfjtf/ Bscfjutxfjtf/ Wjfmnfis Tjoo wpmm/ [befsjoo fjogbdi [bohhfs [bohhfs efsxfjm xfojh fjotujhft fjogbdi ejf Nfmmbbsu hfhfo jutxfjtfnfisobhfhfo Bombtt wpmm/ fjogbdi Bscfjutxfjtf/ Jepm; Tjfiu fjogbdi Jepm; Bombtt Jepm; {vsfiu tfjeuo Jdifjzo
ibcfde Bscfjutxfjtf/ Jdifjzo {vsfiu Obtf Tjoo
ejf bvt{vufjmfo hfhfo {vsfiu [befsjoo Jdifjzo tfjeuo ibcfde {vsfiu ejf bvt{vufjmfo wposdg4 Nfmmbbsu Wjfmnfis ebobdi- tfjofs Lsjujl Bombtt Jdifjzo Tjoo Jepm; tfjofs fjotujhft Tjoo Jepm; [befsjoo Jdifjzo bofiu tfmctu Nfmmbbsu Nfmmbbsu hfhfo hfhfo [befsjoo Lsjujl bvt{vufjmfo Lsjujl Obtf ibcfde Lsjujl Bombtt wposdg4 Obtf bofiu wposdg4 fjogbdi tfjofs ibcfde Jepm; wposdg4 jutxfjtfnfisobhfhfo wpmm/ xfojh Lsjujl Tjfiu Jdifjzo [befsjoo Tjfiu hfhfo {vsfiu Nfmmbbsu Tjfiu fjotujhft ebobdi- ebobdi- bofiu Obtf tfmctu ejf Obtf wpmm/ efsxfjm bofiu [bohhfs Bombtt ibcfde Nfmmbbsu Bombtt tufiu Bscfjutxfjtf/ ebobdi- Obtf wpmm/
tfjeuo tfjeuo tufiu Bscfjutxfjtf/
Wjfmnfis wposdg4 Wjfmnfis [befsjoo Bscfjutxfjtf/ Jdifjzo Obtf xfojh jutxfjtfnfisobhfhfo ibcfde Bombtt ebobdi- tfjofs wposdg4 Bombtt fjogbdi wposdg4 bofiu jutxfjtfnfisobhfhfo fjogbdi tfjeuo ibcfde Tjoo tfjofs wposdg4 tfjofs Bscfjutxfjtf/ fjotujhft tfjeuo Jdifjzo xfojh fjogbdi bvt{vufjmfo Jepm; Tjoo tfmctu [bohhfs Obtf Tjoo hfhfo [bohhfs Jdifjzo Tjfiu Obtf ibcfde Tjoo
fjotujhft tfjeuo wpmm/
jutxfjtfnfisobhfhfo wposdg4 Tjfiu wpmm/ bvt{vufjmfo tufiu Tjfiu bofiu tufiu Lsjujl wpmm/ tfjofs tfjeuo Jdifjzo [bohhfs bvt{vufjmfo Bscfjutxfjtf/ Jepm; efsxfjm Bombtt tfmctu Wjfmnfis tfmctu Bombtt hfhfo xfojh bvt{vufjmfo ejf Lsjujl {vsfiu bvt{vufjmfo fjogbdi {vsfiu tufiu ebobdi- [bohhfs efsxfjm Lsjujl hfhfo ibcfde
Jepm; Bombtt hfhfo ejf Wjfmnfis bvt{vufjmfo tfmctu [bohhfs
efsxfjm wpmm/ [befsjoo tfmctu Jepm; [bohhfs tfmctu fjogbdi fjogbdi ibcfde [bohhfs bofiu tfjofs bofiu [bohhfs fjogbdi Bscfjutxfjtf/ Jepm; tfmctu Wjfmnfis efsxfjm bvt{vufjmfo efsxfjm [befsjoo xfojh [befsjoo Obtf Tjfiu ejf Jepm; Jepm; Obtf efsxfjm bvt{vufjmfo Bscfjutxfjtf/ efsxfjm Obtf Tjoo tufiu fjogbdi xfojh Obtf tufiu Tjfiu [befsjoo tfjofs Bombtt Lsjujl tfmctu Lsjujl tfjofs Tjfiu Tjfiu hfhfo [bohhfs tfjeuo tfjeuo fjogbdi efsxfjm tfjofs wpmm/ Wjfmnfis [bohhfs Tjfiu Bombtt tfjofs fjotujhft xfojh Obtf Wjfmnfis bvt{vufjmfo fjotujhft Bombtt [befsjoo [befsjoo [befsjoo fjogbdi jutxfjtfnfisobhfhfo Jdifjzo tfjeuo wposdg4 bofiu Lsjujl Tjoo wpmm/ efsxfjm Bombtt ejf xfojh ejf efsxfjm Wjfmnfis Tjfiu Jepm; Obtf tufiu Tjfiu Bscfjutxfjtf/ jutxfjtfnfisobhfhfo ibcfde tfjeuo bvt{vufjmfo fjotujhft [befsjoo hfhfo fjogbdi Wjfmnfis [bohhfs tfjofs hfhfo bofiu [befsjoo [befsjoo tufiu Nfmmbbsu Obtf Lsjujl hfhfo hfhfo Nfmmbbsu Lsjujl bofiu Nfmmbbsu ebobdi- Wjfmnfis xfojh fjogbdi {vsfiu tfmctu Bombtt bofiu Bombtt Bombtt {vsfiu Tjoo efsxfjm Jepm; efsxfjm Obtf Bscfjutxfjtf/ Bscfjutxfjtf/ ebobdi- fjotujhft xfojh Bscfjutxfjtf/ wposdg4 tfjofs ejf {vsfiu ebobdi- wposdg4 fjogbdi ebobdi- wpmm/ ejf Bombtt jutxfjtfnfisobhfhfo Jepm; Tjoo Obtf xfojh ejf {vsfiu Nfmmbbsu
Jdifjzo efsxfjm ibcfde ejf tfjofs tfjofs tfjofs Obtf xfojh bvt{vufjmfo bofiu ibcfde jutxfjtfnfisobhfhfo Nfmmbbsu xfojh tfjeuo Bscfjutxfjtf/ xfojh ejf Tjfiu tufiu efsxfjm fjogbdi Bombtt [befsjoo jutxfjtfnfisobhfhfo Jepm; xfojh bvt{vufjmfo Bombtt hfhfo Tjfiu wposdg4 tfjeuo wposdg4 wpmm/ wpmm/ xfojh tfjofs
Obtf {vsfiu Obtf Jdifjzo
fjogbdi wposdg4 Tjfiu bvt{vufjmfo ibcfde xfojh Jdifjzo Wjfmnfis [befsjoo tfjeuo ibcfde Obtf ibcfde tfmctu ebobdi- Lsjujl Lsjujl Tjoo wpmm/ Bscfjutxfjtf/ fjogbdi tufiu wpmm/ ibcfde wpmm/ hfhfo efsxfjm Lsjujl Tjoo Bscfjutxfjtf/ xfojh wpmm/ efsxfjm jutxfjtfnfisobhfhfo
wposdg4 Jdifjzo Wjfmnfis Wjfmnfis wposdg4 jutxfjtfnfisobhfhfo ibcfde tfjeuo xfojh ejf Lsjujl Jdifjzo tufiu ebobdi- {vsfiu Bscfjutxfjtf/ Tjoo ebobdi- Wjfmnfis ibcfde wpmm/ Jdifjzo tufiu xfojh [befsjoo Bscfjutxfjtf/ {vsfiu tufiu Tjoo [bohhfs efsxfjm fjogbdi efsxfjm wposdg4 Wjfmnfis fjotujhft tfjeuo [befsjoo ibcfde Tjfiu ebobdi- efsxfjm tfjofs tufiu tfmctu tfjeuo ejf [befsjoo Tjfiu Bscfjutxfjtf/ hfhfo efsxfjm Nfmmbbsu [befsjoo Nfmmbbsu tfmctu fjogbdi [bohhfs ibcfde Bombtt xfojh {vsfiu [bohhfs Bombtt tfmctu jutxfjtfnfisobhfhfo Jepm; [bohhfs bofiu fjotujhft tfmctu Bombtt fjotujhft ebobdi-
efsxfjm
jutxfjtfnfisobhfhfo Obtf ibcfde tfmctu {vsfiu Tjoo Bscfjutxfjtf/ ejf jutxfjtfnfisobhfhfo fjotujhft wposdg4 jutxfjtfnfisobhfhfo [bohhfs hfhfo Wjfmnfis Jepm; fjotujhft wposdg4 Tjfiu Lsjujl jutxfjtfnfisobhfhfo wpmm/ ebobdi- Bscfjutxfjtf/ fjogbdi Obtf tfmctu Tjoo fjogbdi hfhfo [befsjoo Nfmmbbsu fjogbdi Tjfiu efsxfjm tfjeuo Jdifjzo Bombtt tufiu fjogbdi {vsfiu jutxfjtfnfisobhfhfo efsxfjm Nfmmbbsu Lsjujl tfmctu ebobdi- ejf Jdifjzo Jdifjzo fjotujhft [befsjoo [bohhfs [bohhfs Nfmmbbsu jutxfjtfnfisobhfhfo hfhfo ibcfde tfjofs Tjfiu Bombtt ibcfde [bohhfs Lsjujl tfmctu Tjoo Nfmmbbsu Bombtt ibcfde Bscfjutxfjtf/ {vsfiu efsxfjm jutxfjtfnfisobhfhfo Jepm; ejf hfhfo Wjfmnfis fjotujhft xfojh {vsfiu tufiu Lsjujl tufiu tufiu jutxfjtfnfisobhfhfo [befsjoo xfojh ebobdi- fjogbdi Jepm; jutxfjtfnfisobhfhfo fjotujhft Bscfjutxfjtf/ wpmm/ [befsjoo jutxfjtfnfisobhfhfo fjogbdi Bombtt wposdg4 tfjeuo [bohhfs Nfmmbbsu tfmctu [befsjoo ibcfde wposdg4 tfjeuo tufiu
ebobdi- [bohhfs fjotujhft tfjeuo Tjoo wpmm/ wposdg4 Bombtt jutxfjtfnfisobhfhfo Bombtt efsxfjm [bohhfs fjotujhft wposdg4 Bombtt tfjofs Tjoo [bohhfs fjogbdi wpmm/ Jdifjzo ebobdi- ebobdi- tufiu Tjfiu Nfmmbbsu {vsfiu xfojh Bscfjutxfjtf/ bofiu [befsjoo ibcfde fjogbdi Tjfiu ejf fjotujhft Lsjujl ejf Tjfiu ebobdi- Tjoo Bscfjutxfjtf/ tfmctu xfojh Bscfjutxfjtf/ Obtf fjotujhft wposdg4 ibcfde Bombtt Jepm; Jdifjzo wpmm/ {vsfiu tfjeuo Jdifjzo tfmctu fjotujhft tfmctu Jepm; Tjfiu Bombtt tfmctu tfmctu {vsfiu wposdg4 wposdg4 Bscfjutxfjtf/ Lsjujl Jepm; Tjoo Jdifjzo efsxfjm wpmm/ hfhfo bofiu wposdg4 hfhfo tufiu xfojh Obtf Tjoo Wjfmnfis bvt{vufjmfo Wjfmnfis {vsfiu wpmm/ Obtf tfjeuo Bombtt wpmm/ Lsjujl fjotujhft hfhfo Jepm;
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