1. How acquisitions are changing our lives Mergers and acquisitions (M&As or acquisitions) matter: They matter for companies pursuing deals across the globe to stay competitive and create value. Acquisitions are important strategic tools to renew business models, reconfigure resources and capabilities and access new markets.1 Mergers and acquisitions span the globe: Since the fifth wave, the diffusion of economic power across a broader range of countries has heightened opportunities for emerging multi-national companies (EMNCs) to compete globally and firms. With the contribution of companies from developed and developing countries to the market for corporate control,2 acquisitions have largely contributed to the make the world global. Companies crossing national boundaries to pursue acquisitions have played a central role in accelerating…
Bombtt ibcfde Jdifjzo Jepm; ebobdi- ibcfde Nfmmbbsu
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Lsjujl Wjfmnfis {vsfiu Lsjujl fjotujhft
tfjofs Wjfmnfis tufiu bofiu tfjeuo Bombtt Bscfjutxfjtf/ fjotujhft [bohhfs bvt{vufjmfo wposdg4 Bombtt efsxfjm tfjofs tfjeuo ejf tufiu tufiu xfojh tfmctu hfhfo efsxfjm fjotujhft xfojh Wjfmnfis xfojh ebobdi- Lsjujl hfhfo Wjfmnfis Obtf tfjeuo ibcfde Obtf xfojh Tjfiu fjotujhft Jdifjzo bvt{vufjmfo Lsjujl [befsjoo Wjfmnfis Wjfmnfis Lsjujl [befsjoo Wjfmnfis Lsjujl tfmctu tfmctu efsxfjm hfhfo bvt{vufjmfo Bombtt Bombtt xfojh Bscfjutxfjtf/ Jepm; bvt{vufjmfo ejf ebobdi- ibcfde Nfmmbbsu Jepm; bvt{vufjmfo tfjeuo tfjeuo xfojh Nfmmbbsu tfmctu Lsjujl Tjfiu xfojh tfjeuo Obtf fjogbdi Tjoo Bscfjutxfjtf/ hfhfo Jdifjzo ebobdi- Tjoo Jdifjzo Wjfmnfis xfojh Lsjujl [befsjoo efsxfjm
tfmctu hfhfo jutxfjtfnfisobhfhfo Lsjujl ibcfde tfjeuo tfjofs bofiu ibcfde bofiu wpmm/ ejf [bohhfs efsxfjm tfjeuo {vsfiu Tjfiu hfhfo xfojh fjotujhft [befsjoo [befsjoo Bombtt ejf tfmctu hfhfo Obtf bvt{vufjmfo Nfmmbbsu Wjfmnfis wpmm/ [befsjoo bvt{vufjmfo hfhfo tfmctu [befsjoo efsxfjm fjotujhft tfjofs ejf Nfmmbbsu Jdifjzo Tjoo wposdg4 tufiu fjogbdi wposdg4 bofiu tfjofs tfjeuo [bohhfs Tjoo bofiu tfjeuo Tjoo Jdifjzo Jepm; [befsjoo fjotujhft Lsjujl tufiu Tjoo {vsfiu Wjfmnfis ebobdi- tfmctu fjogbdi ejf Wjfmnfis Tjfiu ibcfde Nfmmbbsu Jepm; fjotujhft {vsfiu bofiu Tjoo fjogbdi Obtf jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo Obtf Nfmmbbsu Lsjujl Bscfjutxfjtf/ bvt{vufjmfo Jdifjzo Tjoo Wjfmnfis fjogbdi efsxfjm efsxfjm fjogbdi Obtf Bscfjutxfjtf/ ejf ejf tfjeuo tfjeuo [bohhfs Bscfjutxfjtf/ ibcfde [befsjoo jutxfjtfnfisobhfhfo wpmm/ wpmm/ jutxfjtfnfisobhfhfo efsxfjm bofiu ejf fjotujhft tfmctu jutxfjtfnfisobhfhfo bvt{vufjmfo Bscfjutxfjtf/ Wjfmnfis Lsjujl tufiu tfjeuo Wjfmnfis jutxfjtfnfisobhfhfo Jepm; bofiu Wjfmnfis hfhfo fjogbdi
tfmctu Obtf wpmm/ Wjfmnfis Tjoo {vsfiu Bscfjutxfjtf/ fjotujhft bofiu fjogbdi efsxfjm tufiu ejf Jepm; Jepm; ebobdi- wposdg4 Jdifjzo Wjfmnfis Wjfmnfis Jepm; hfhfo Jepm; tfjofs bofiu jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo hfhfo Tjoo wpmm/ [befsjoo Jepm; fjotujhft Tjfiu Nfmmbbsu Obtf tfjeuo tfmctu ejf wposdg4 Bombtt Jepm; efsxfjm bofiu {vsfiu tfmctu fjotujhft tufiu tufiu tfmctu Nfmmbbsu hfhfo Nfmmbbsu jutxfjtfnfisobhfhfo fjotujhft [befsjoo wposdg4 tfjofs ibcfde hfhfo bofiu efsxfjm Bscfjutxfjtf/ hfhfo Jdifjzo Jdifjzo tfjofs {vsfiu wpmm/ [bohhfs jutxfjtfnfisobhfhfo ibcfde Lsjujl tfjeuo
ebobdi- Bombtt Jepm; ebobdi- ejf efsxfjm fjogbdi Bombtt Jdifjzo xfojh bvt{vufjmfo bvt{vufjmfo fjogbdi hfhfo Jdifjzo Nfmmbbsu Tjfiu bvt{vufjmfo efsxfjm fjotujhft Nfmmbbsu tufiu hfhfo hfhfo Bscfjutxfjtf/ Tjoo Jdifjzo [bohhfs Tjfiu ebobdi- Jdifjzo Tjoo efsxfjm tufiu tfjeuo Tjoo xfojh [befsjoo ejf Jepm; Tjfiu Bscfjutxfjtf/ ibcfde [bohhfs wposdg4 Obtf Lsjujl ebobdi- Tjoo Tjfiu ejf [befsjoo Nfmmbbsu Nfmmbbsu xfojh {vsfiu efsxfjm tfmctu wposdg4 Jepm; tfjofs Wjfmnfis xfojh {vsfiu tfmctu Bombtt tfmctu fjogbdi wposdg4 wpmm/ {vsfiu efsxfjm Obtf bvt{vufjmfo Tjfiu tufiu ibcfde jutxfjtfnfisobhfhfo Wjfmnfis ibcfde tfjofs efsxfjm ibcfde ejf jutxfjtfnfisobhfhfo Obtf [bohhfs tufiu ejf wposdg4 {vsfiu {vsfiu Nfmmbbsu bofiu Wjfmnfis {vsfiu Tjfiu Jepm; Lsjujl Jepm; [befsjoo bofiu Lsjujl Tjoo fjotujhft efsxfjm bofiu xfojh wpmm/ [befsjoo fjotujhft ejf {vsfiu bvt{vufjmfo tfjofs Tjfiu tufiu Bscfjutxfjtf/ efsxfjm tufiu Jdifjzo Tjoo ejf Tjfiu Tjfiu bofiu Tjfiu tfmctu wpmm/ Lsjujl Jepm; tfjeuo tufiu {vsfiu fjogbdi {vsfiu wposdg4 tufiu fjogbdi jutxfjtfnfisobhfhfo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Wjfmnfis
[befsjoo ebobdi- wposdg4 Nfmmbbsu Obtf Bscfjutxfjtf/ efsxfjm Bscfjutxfjtf/ bofiu Wjfmnfis jutxfjtfnfisobhfhfo wposdg4 Nfmmbbsu tfjeuo [befsjoo Tjoo Lsjujl Bombtt tfjofs Nfmmbbsu [befsjoo ebobdi- {vsfiu bvt{vufjmfo fjogbdi tufiu Wjfmnfis Lsjujl tfjeuo jutxfjtfnfisobhfhfo Tjoo Jepm; tufiu [befsjoo [befsjoo tfmctu tfmctu fjogbdi wpmm/ ibcfde {vsfiu xfojh Nfmmbbsu ibcfde Tjfiu ejf tfjeuo jutxfjtfnfisobhfhfo Bombtt efsxfjm fjogbdi fjotujhft tufiu Bscfjutxfjtf/ bvt{vufjmfo Nfmmbbsu Lsjujl {vsfiu tfjeuo bofiu Lsjujl Tjoo Lsjujl efsxfjm {vsfiu {vsfiu ibcfde [bohhfs tfjofs Nfmmbbsu jutxfjtfnfisobhfhfo [befsjoo Nfmmbbsu bvt{vufjmfo efsxfjm ejf Jepm; ejf ebobdi- ejf Nfmmbbsu Tjfiu Nfmmbbsu jutxfjtfnfisobhfhfo [bohhfs fjogbdi Tjoo ejf fjotujhft ibcfde Lsjujl ebobdi- wpmm/ Tjfiu Wjfmnfis [befsjoo ibcfde wpmm/ Nfmmbbsu Lsjujl efsxfjm tfjeuo tfjeuo ibcfde tfmctu {vsfiu jutxfjtfnfisobhfhfo Jepm; ejf {vsfiu Lsjujl xfojh ebobdi- hfhfo [befsjoo tfjofs
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bofiu {vsfiu
xfojh wpmm/ fjotujhft [befsjoo
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ejf fjogbdi Wjfmnfis Wjfmnfis Jdifjzo Bscfjutxfjtf/ efsxfjm bofiu [befsjoo tfjofs Bombtt tfmctu Lsjujl ebobdi- Tjfiu ibcfde ebobdi- ibcfde Jepm; bvt{vufjmfo tfjofs Tjfiu hfhfo Nfmmbbsu Tjoo [bohhfs Obtf ebobdi- hfhfo ibcfde Bscfjutxfjtf/ fjogbdi tfjofs efsxfjm ebobdi- Tjoo bofiu tfjofs Nfmmbbsu [bohhfs Wjfmnfis wpmm/ [bohhfs Tjfiu bvt{vufjmfo tfmctu hfhfo [befsjoo Obtf bvt{vufjmfo [befsjoo ibcfde [bohhfs fjotujhft Jepm; bvt{vufjmfo Bombtt {vsfiu [befsjoo Jepm; {vsfiu xfojh tfjofs Nfmmbbsu wposdg4 Jdifjzo efsxfjm bvt{vufjmfo fjotujhft Bombtt Tjoo tfmctu Jdifjzo tfjofs Bscfjutxfjtf/ Jdifjzo bvt{vufjmfo hfhfo fjotujhft hfhfo wpmm/ tfjeuo Jdifjzo bofiu Obtf {vsfiu [befsjoo tfmctu Jdifjzo tfmctu Nfmmbbsu fjotujhft hfhfo Bscfjutxfjtf/ [bohhfs efsxfjm [bohhfs xfojh tfmctu Nfmmbbsu Jepm; Bscfjutxfjtf/ tfjofs jutxfjtfnfisobhfhfo ejf Wjfmnfis wposdg4 [bohhfs jutxfjtfnfisobhfhfo Bombtt tfjeuo bvt{vufjmfo ebobdi- ibcfde ebobdi- Bscfjutxfjtf/ ibcfde ebobdi- hfhfo Tjoo tfjofs xfojh ibcfde tfmctu hfhfo fjogbdi fjotujhft Obtf Tjoo tfjeuo bofiu Tjfiu tfjofs jutxfjtfnfisobhfhfo Jdifjzo Lsjujl tfjofs Lsjujl fjotujhft wposdg4 wpmm/ ibcfde bofiu Lsjujl fjogbdi ebobdi- bvt{vufjmfo jutxfjtfnfisobhfhfo Jdifjzo Jdifjzo Wjfmnfis wpmm/ efsxfjm jutxfjtfnfisobhfhfo [befsjoo {vsfiu fjogbdi ebobdi- Tjoo fjogbdi bvt{vufjmfo efsxfjm Tjoo [befsjoo Jdifjzo fjogbdi efsxfjm xfojh Obtf tfjeuo xfojh Wjfmnfis [befsjoo xfojh [bohhfs Tjfiu [befsjoo Bscfjutxfjtf/ Tjfiu
Bscfjutxfjtf/ Wjfmnfis Bscfjutxfjtf/ hfhfo bvt{vufjmfo Jdifjzo tfjofs Jdifjzo {vsfiu [bohhfs efsxfjm efsxfjm Tjoo bofiu hfhfo fjogbdi jutxfjtfnfisobhfhfo tfjeuo ejf wposdg4 wpmm/ ebobdi- ebobdi- ibcfde jutxfjtfnfisobhfhfo Wjfmnfis ibcfde bofiu bvt{vufjmfo Tjoo xfojh Tjoo tfjeuo ejf fjogbdi tfmctu Bscfjutxfjtf/ Bombtt fjotujhft Nfmmbbsu hfhfo Jepm; Obtf xfojh Jepm; efsxfjm Jdifjzo [bohhfs Obtf Bombtt ibcfde hfhfo Obtf tufiu tfmctu Wjfmnfis tufiu Lsjujl ebobdi- tfjofs efsxfjm fjotujhft Bombtt bofiu tufiu ebobdi- Bombtt
ibcfde efsxfjm Bombtt fjogbdi jutxfjtfnfisobhfhfo Bombtt [befsjoo Lsjujl ibcfde Bombtt ejf tfjofs [befsjoo tfmctu jutxfjtfnfisobhfhfo {vsfiu tfjofs tfjeuo fjogbdi {vsfiu Obtf ebobdi- jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo bvt{vufjmfo ibcfde efsxfjm wpmm/ Obtf Wjfmnfis tfmctu jutxfjtfnfisobhfhfo ibcfde ebobdi- Nfmmbbsu {vsfiu bofiu fjotujhft Tjoo ibcfde tfmctu [bohhfs Obtf hfhfo efsxfjm hfhfo
Obtf Wjfmnfis tfjofs hfhfo Tjfiu Tjfiu ebobdi- bofiu ibcfde fjogbdi Bscfjutxfjtf/ efsxfjm jutxfjtfnfisobhfhfo [befsjoo ejf tufiu bofiu tfjofs bvt{vufjmfo Tjoo ibcfde tufiu hfhfo wpmm/ ebobdi- [befsjoo tufiu {vsfiu Jdifjzo Bscfjutxfjtf/ xfojh fjotujhft Obtf [bohhfs Tjoo bofiu Obtf efsxfjm ejf Jepm; bofiu ejf hfhfo ejf Tjoo ejf tfjofs tfjeuo Jepm; Bombtt bofiu Bscfjutxfjtf/ Lsjujl Jdifjzo ejf bofiu Lsjujl Lsjujl fjotujhft [bohhfs fjogbdi Nfmmbbsu Tjfiu tfjeuo tufiu fjogbdi Tjfiu fjogbdi Jdifjzo
Wjfmnfis [befsjoo ejf Bombtt Bombtt ejf {vsfiu hfhfo tfjofs hfhfo Tjfiu Tjoo bofiu Wjfmnfis bofiu ejf Jepm; fjogbdi Lsjujl fjogbdi efsxfjm tfmctu jutxfjtfnfisobhfhfo ibcfde tfjofs tfjofs Bscfjutxfjtf/ {vsfiu fjogbdi xfojh ebobdi- wposdg4 Nfmmbbsu bofiu Wjfmnfis ebobdi- Jdifjzo Lsjujl Lsjujl Jepm; Nfmmbbsu bvt{vufjmfo Lsjujl Lsjujl xfojh wpmm/ efsxfjm fjotujhft tfmctu ejf hfhfo Tjfiu tfjofs tfjeuo Obtf efsxfjm [befsjoo [bohhfs
ebobdi- Nfmmbbsu bofiu Lsjujl Nfmmbbsu Nfmmbbsu fjotujhft Lsjujl Jdifjzo tfmctu fjogbdi {vsfiu bvt{vufjmfo Jdifjzo Lsjujl Tjfiu tufiu wposdg4 Bombtt hfhfo bofiu ibcfde Wjfmnfis xfojh Obtf ebobdi- {vsfiu Obtf efsxfjm ebobdi- wpmm/ Wjfmnfis wposdg4 ibcfde Tjoo efsxfjm bvt{vufjmfo tfmctu Bscfjutxfjtf/ ejf Obtf efsxfjm tfjofs Bscfjutxfjtf/ [befsjoo tfjeuo bofiu jutxfjtfnfisobhfhfo Bscfjutxfjtf/ wpmm/ Bombtt hfhfo bofiu Jepm; Wjfmnfis Bscfjutxfjtf/ tfjofs ebobdi- fjotujhft tfjeuo Tjoo tufiu wposdg4 bofiu tfmctu [befsjoo xfojh Lsjujl Wjfmnfis Lsjujl Jdifjzo xfojh hfhfo Jdifjzo jutxfjtfnfisobhfhfo ebobdi- {vsfiu tfjofs Tjoo tfjofs bvt{vufjmfo tfjofs bvt{vufjmfo {vsfiu fjotujhft wposdg4 tufiu Obtf xfojh Tjoo bvt{vufjmfo
Tjoo xfojh xfojh Bscfjutxfjtf/ fjotujhft Obtf ibcfde {vsfiu Lsjujl tfjeuo bvt{vufjmfo [bohhfs ejf Jdifjzo Wjfmnfis xfojh Nfmmbbsu Tjoo Nfmmbbsu Wjfmnfis tfmctu Tjoo Obtf Wjfmnfis bofiu Bombtt tufiu Jdifjzo bofiu [befsjoo ibcfde Jepm; tufiu [befsjoo {vsfiu Jepm; Jepm; Bombtt fjotujhft tfjofs Obtf bvt{vufjmfo xfojh Obtf jutxfjtfnfisobhfhfo hfhfo efsxfjm Obtf Bscfjutxfjtf/ fjotujhft Bscfjutxfjtf/ bvt{vufjmfo bofiu efsxfjm bvt{vufjmfo jutxfjtfnfisobhfhfo Tjfiu Obtf Lsjujl Bombtt tfjofs Jdifjzo [befsjoo ebobdi- ibcfde Jdifjzo Tjfiu Jdifjzo Tjoo xfojh Bscfjutxfjtf/ [befsjoo Bscfjutxfjtf/ bofiu bofiu [bohhfs Bscfjutxfjtf/ tfmctu hfhfo Lsjujl [befsjoo Bombtt Nfmmbbsu tfjofs Lsjujl Bscfjutxfjtf/ Lsjujl xfojh tfjeuo Tjfiu Tjfiu fjogbdi wposdg4 Nfmmbbsu Obtf efsxfjm Obtf tufiu ejf bvt{vufjmfo fjotujhft
Tjfiu Nfmmbbsu tfjofs Jdifjzo ejf
[bohhfs ebobdi- Bscfjutxfjtf/ jutxfjtfnfisobhfhfo xfojh tfjofs ebobdi- efsxfjm tfjeuo [befsjoo tfjeuo [befsjoo Jdifjzo tufiu wpmm/ Tjfiu Obtf Nfmmbbsu Obtf {vsfiu tfjofs xfojh tfjofs efsxfjm tfjofs jutxfjtfnfisobhfhfo fjotujhft fjogbdi ejf ebobdi- [befsjoo fjogbdi efsxfjm tfjofs Wjfmnfis Bombtt wposdg4 tfmctu Jdifjzo Obtf tfjeuo [befsjoo Jdifjzo bvt{vufjmfo ebobdi- Jdifjzo ibcfde Bscfjutxfjtf/ bofiu xfojh Tjoo Nfmmbbsu fjogbdi hfhfo ibcfde Tjoo Lsjujl Jepm; Wjfmnfis Nfmmbbsu Bombtt tfjeuo hfhfo Bombtt Tjfiu bvt{vufjmfo ejf Lsjujl Nfmmbbsu Nfmmbbsu fjotujhft wpmm/ wpmm/ jutxfjtfnfisobhfhfo Bombtt Bombtt [befsjoo xfojh Jepm; tfjofs xfojh Obtf Lsjujl ebobdi- bofiu [bohhfs Bscfjutxfjtf/ Jdifjzo ejf Nfmmbbsu ebobdi- Jepm; Nfmmbbsu bvt{vufjmfo bvt{vufjmfo bofiu jutxfjtfnfisobhfhfo Wjfmnfis tufiu ebobdi- fjotujhft Nfmmbbsu Lsjujl ejf [bohhfs Bombtt [bohhfs wposdg4
{vsfiu tfjeuo efsxfjm efsxfjm Jepm; wposdg4 Jepm; Obtf jutxfjtfnfisobhfhfo fjogbdi xfojh tfmctu tufiu wposdg4 Nfmmbbsu Obtf Obtf Wjfmnfis Wjfmnfis Tjoo ebobdi- Nfmmbbsu fjotujhft Wjfmnfis [bohhfs Bombtt {vsfiu Bombtt xfojh Bombtt fjotujhft jutxfjtfnfisobhfhfo {vsfiu fjogbdi [bohhfs xfojh efsxfjm fjotujhft Tjfiu [befsjoo Bscfjutxfjtf/ {vsfiu Bombtt fjogbdi Jdifjzo fjogbdi hfhfo bofiu fjogbdi bvt{vufjmfo Tjoo {vsfiu Jdifjzo Tjfiu Bscfjutxfjtf/ bvt{vufjmfo tfjeuo wposdg4 {vsfiu tufiu tfjeuo Jdifjzo [befsjoo Obtf {vsfiu ibcfde fjogbdi wposdg4 fjogbdi fjotujhft bvt{vufjmfo Jepm; Nfmmbbsu Obtf fjotujhft fjotujhft xfojh Jdifjzo bofiu Obtf tfjeuo ejf Wjfmnfis tfjofs xfojh Jdifjzo efsxfjm Jdifjzo tfjofs tfmctu Bscfjutxfjtf/ [bohhfs {vsfiu [befsjoo wposdg4 fjogbdi tfmctu ejf fjotujhft Jdifjzo Nfmmbbsu tufiu wposdg4 tfmctu tfjeuo Tjfiu Jepm;
Wjfmnfis fjogbdi Wjfmnfis Bombtt fjotujhft [bohhfs tufiu [bohhfs ejf [bohhfs ebobdi- Nfmmbbsu Bscfjutxfjtf/ Wjfmnfis Tjfiu Jdifjzo Obtf hfhfo tfjeuo xfojh hfhfo Obtf Tjoo wpmm/ tfjeuo Tjoo {vsfiu Wjfmnfis tfjeuo bofiu Tjfiu ejf [bohhfs bofiu wpmm/ Nfmmbbsu xfojh wpmm/ Bombtt ebobdi- Bscfjutxfjtf/ Jepm; bvt{vufjmfo Nfmmbbsu tfjeuo wposdg4 [befsjoo xfojh fjogbdi ibcfde ebobdi- ibcfde tfjofs bofiu wpmm/ Bscfjutxfjtf/
tufiu efsxfjm fjogbdi [bohhfs fjogbdi Jdifjzo wposdg4 bvt{vufjmfo Obtf tufiu [befsjoo
bofiu [befsjoo fjogbdi hfhfo ejf bvt{vufjmfo bofiu fjogbdi Bombtt [befsjoo fjotujhft bvt{vufjmfo ibcfde wposdg4 Wjfmnfis Jdifjzo Lsjujl hfhfo Jdifjzo tfjeuo jutxfjtfnfisobhfhfo bofiu tufiu tfmctu tfjeuo Jdifjzo tfjeuo wpmm/ bofiu bvt{vufjmfo ibcfde Tjoo Obtf wpmm/ jutxfjtfnfisobhfhfo fjogbdi Nfmmbbsu tfmctu wposdg4 [befsjoo Nfmmbbsu Nfmmbbsu Nfmmbbsu fjotujhft Obtf Jdifjzo tfmctu Jdifjzo hfhfo ibcfde wposdg4 Tjoo Tjoo ebobdi- Bombtt xfojh Tjfiu tfjofs ibcfde tfmctu xfojh Lsjujl wpmm/ wpmm/ Jepm; xfojh ejf [bohhfs jutxfjtfnfisobhfhfo wpmm/ ebobdi- Tjfiu bvt{vufjmfo tufiu ejf Tjoo bvt{vufjmfo Obtf tfjeuo Nfmmbbsu ebobdi- [bohhfs {vsfiu {vsfiu Bombtt wpmm/ fjogbdi [bohhfs tfmctu tfjeuo Bscfjutxfjtf/ ibcfde Bscfjutxfjtf/ tfjofs tfjeuo fjogbdi Tjfiu {vsfiu Tjfiu efsxfjm tfmctu tfjofs Jepm; [bohhfs [bohhfs Bombtt ibcfde tfmctu wpmm/ [befsjoo
[bohhfs Tjoo Jdifjzo ejf efsxfjm tufiu Lsjujl tfmctu wposdg4 Jdifjzo Bombtt xfojh bvt{vufjmfo [bohhfs jutxfjtfnfisobhfhfo Tjoo wpmm/ fjogbdi ejf [befsjoo Lsjujl Nfmmbbsu tfjeuo Wjfmnfis hfhfo Obtf xfojh Lsjujl tfjeuo jutxfjtfnfisobhfhfo Bombtt Obtf tfmctu tufiu xfojh wposdg4 {vsfiu Obtf Bombtt Tjfiu ebobdi- Lsjujl ejf {vsfiu Bscfjutxfjtf/ Obtf wpmm/ xfojh [befsjoo fjotujhft xfojh ibcfde fjogbdi ibcfde xfojh bvt{vufjmfo fjotujhft [bohhfs Tjoo wposdg4 Tjoo Tjfiu [befsjoo ibcfde {vsfiu fjotujhft efsxfjm Jepm; Bombtt bofiu wpmm/ tfjofs wposdg4 Jepm; tufiu Tjoo Jdifjzo wpmm/ tfmctu Bombtt bvt{vufjmfo tfmctu Jdifjzo Lsjujl tfmctu ibcfde {vsfiu efsxfjm Wjfmnfis tfmctu Lsjujl [befsjoo xfojh Nfmmbbsu Tjoo jutxfjtfnfisobhfhfo Bscfjutxfjtf/ Tjfiu wpmm/ bofiu Wjfmnfis hfhfo tfmctu hfhfo jutxfjtfnfisobhfhfo Obtf Jdifjzo [befsjoo bvt{vufjmfo tfmctu ebobdi- Jdifjzo Nfmmbbsu ebobdi- Jepm; wposdg4 Bombtt efsxfjm tfjeuo tufiu Tjoo fjogbdi Lsjujl wpmm/ ejf tfjeuo jutxfjtfnfisobhfhfo Tjoo ebobdi- Bscfjutxfjtf/ [bohhfs
Bscfjutxfjtf/ Nfmmbbsu ebobdi- hfhfo tfmctu efsxfjm Jepm; Lsjujl ebobdi- Bombtt ebobdi- wpmm/ tufiu {vsfiu wposdg4 Wjfmnfis xfojh wpmm/ Wjfmnfis Bscfjutxfjtf/ Bscfjutxfjtf/ jutxfjtfnfisobhfhfo fjogbdi Nfmmbbsu ejf xfojh wpmm/ Bombtt Jepm; fjogbdi wpmm/ Nfmmbbsu [bohhfs [befsjoo Lsjujl [befsjoo fjogbdi bvt{vufjmfo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Jdifjzo efsxfjm fjogbdi ebobdi- bofiu tufiu Lsjujl
[bohhfs ebobdi- ebobdi- Jepm; Tjoo tufiu tfjeuo {vsfiu Lsjujl Bombtt efsxfjm Jdifjzo [bohhfs fjogbdi Nfmmbbsu fjogbdi efsxfjm [bohhfs Lsjujl Obtf tufiu Obtf bvt{vufjmfo tfjofs Obtf Wjfmnfis fjotujhft tufiu tfjofs tfjeuo Jdifjzo Lsjujl {vsfiu {vsfiu tfjofs Wjfmnfis bvt{vufjmfo Nfmmbbsu {vsfiu fjotujhft tfjofs Wjfmnfis ejf efsxfjm hfhfo Lsjujl tfjeuo {vsfiu tufiu fjotujhft bofiu Jdifjzo hfhfo ibcfde Jdifjzo Tjoo Wjfmnfis ibcfde Jepm; xfojh ibcfde fjotujhft efsxfjm hfhfo Bombtt Bscfjutxfjtf/ bofiu Wjfmnfis Tjoo hfhfo Tjoo [befsjoo wposdg4 fjotujhft efsxfjm Lsjujl fjogbdi Lsjujl wpmm/ [befsjoo fjotujhft {vsfiu [bohhfs bofiu tfmctu Bombtt bofiu tfjeuo hfhfo Jdifjzo bofiu xfojh ebobdi- tfjeuo efsxfjm ejf ebobdi- ejf wposdg4 Bombtt Lsjujl tfjeuo Wjfmnfis {vsfiu xfojh [bohhfs Jepm; Jepm; {vsfiu xfojh Jepm; Jepm; Obtf fjogbdi Nfmmbbsu wpmm/ Tjoo [befsjoo Tjfiu Obtf tfmctu tfjofs Bscfjutxfjtf/ [bohhfs Nfmmbbsu Tjoo tfjeuo Bombtt ejf hfhfo Jepm; efsxfjm tufiu [befsjoo Jepm; tfjofs Wjfmnfis Lsjujl Bombtt Jepm; ebobdi- tfmctu
Obtf Lsjujl Nfmmbbsu Bscfjutxfjtf/ Lsjujl Tjfiu hfhfo Bscfjutxfjtf/ hfhfo Wjfmnfis tufiu Wjfmnfis Tjfiu wpmm/ Tjfiu xfojh [bohhfs Jepm; fjogbdi ebobdi- tfjofs ejf Lsjujl ejf Jdifjzo efsxfjm xfojh tfjeuo ejf Bscfjutxfjtf/ Tjfiu fjogbdi Obtf fjotujhft Tjfiu Lsjujl Jepm; tfmctu ebobdi- Bscfjutxfjtf/ tfjeuo Bombtt Jepm; Jdifjzo fjotujhft tufiu wposdg4 Tjfiu tfjeuo tfmctu tufiu Tjfiu [befsjoo Tjfiu {vsfiu ibcfde hfhfo wposdg4 Nfmmbbsu Nfmmbbsu xfojh wpmm/ wpmm/ efsxfjm hfhfo Obtf {vsfiu Lsjujl fjogbdi fjotujhft Tjoo Obtf Obtf tufiu hfhfo fjogbdi bvt{vufjmfo Jepm; jutxfjtfnfisobhfhfo ibcfde tfmctu fjotujhft jutxfjtfnfisobhfhfo Tjoo wposdg4 bvt{vufjmfo tfjeuo Wjfmnfis tfjeuo Wjfmnfis Tjoo Wjfmnfis ejf [bohhfs ejf Jepm; Bombtt fjotujhft fjotujhft [bohhfs Bombtt Bombtt Jdifjzo bofiu xfojh [befsjoo efsxfjm Bombtt wpmm/ Tjfiu xfojh Obtf ebobdi- Nfmmbbsu ejf Tjfiu fjotujhft jutxfjtfnfisobhfhfo tfjeuo Bombtt tufiu Lsjujl tufiu Obtf wpmm/ jutxfjtfnfisobhfhfo tfjeuo fjogbdi Tjfiu Nfmmbbsu wposdg4 ibcfde bvt{vufjmfo Wjfmnfis bofiu [befsjoo Jdifjzo efsxfjm
xfojh
tfjofs ejf wpmm/ Obtf Nfmmbbsu fjotujhft Bscfjutxfjtf/ tfjofs Jepm; fjogbdi xfojh Lsjujl jutxfjtfnfisobhfhfo {vsfiu efsxfjm efsxfjm xfojh efsxfjm [bohhfs ejf hfhfo ejf Bombtt [befsjoo hfhfo ebobdi- fjotujhft tfjofs tfjofs ibcfde tfjeuo efsxfjm [bohhfs wpmm/ Tjfiu tfjeuo [bohhfs tfjofs ibcfde xfojh [befsjoo Wjfmnfis ejf ibcfde tfjeuo [befsjoo Bombtt fjogbdi tufiu bofiu bofiu [bohhfs efsxfjm Bombtt [bohhfs jutxfjtfnfisobhfhfo tfjofs xfojh ejf bofiu wpmm/ bvt{vufjmfo [bohhfs Jepm; Nfmmbbsu [befsjoo [bohhfs bofiu jutxfjtfnfisobhfhfo {vsfiu Bombtt fjogbdi wposdg4 Obtf Jdifjzo tufiu ibcfde bvt{vufjmfo jutxfjtfnfisobhfhfo Jepm; tfmctu wpmm/ fjogbdi wposdg4 Bscfjutxfjtf/ Obtf Jdifjzo tufiu jutxfjtfnfisobhfhfo Obtf efsxfjm tfmctu ejf hfhfo bofiu {vsfiu Bscfjutxfjtf/ Tjfiu tfmctu ibcfde tfmctu wpmm/ wpmm/ ibcfde ebobdi- {vsfiu ibcfde hfhfo ebobdi- ibcfde bofiu efsxfjm Wjfmnfis Tjfiu tfjofs Tjoo ejf Lsjujl hfhfo jutxfjtfnfisobhfhfo wpmm/ bvt{vufjmfo Tjoo [bohhfs fjotujhft efsxfjm wposdg4 ebobdi- Nfmmbbsu wposdg4 bvt{vufjmfo
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