1. Einleitung: Cherry Picking is not allowed, is it? 1.1 Hard Brexit & harte Zeiten für M&A Der Brexit wird nach wie vor in den Medien durchweg als Schadensereignis für alle Beteiligten beschrieben. Aus politischer Sicht, mithin dem Ziel nach einem vereinten Europa, mag das zweifelsohne richtig sein. Allerdings tun sich doch auch Chancen für Marktteilnehmer auf, die es wissen, die aktuellen Unwägbarkeiten für ihre Ziele zu nutzen. Auch die europäische Zentralbank leistet einen Beitrag zu dieser Situation, wenn sie weiterhin den Kapitalmarkt durch Niedrig zinsen stimuliert und so für zu viel Liquidität im Euroraum sorgt. Ein FINIS BRITANNIAE wird allerdings nicht eintreten, wenngleich die Berichterstattung einen anderen Eindruck zu erwecken vermag1 Der Brexit wird sicherlich auch zu einem Anstieg von…
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Jdifjzo Bombtt bvt{vufjmfo ebobdi- Bscfjutxfjtf/ wpmm/ tfjeuo Bombtt Tjfiu bofiu fjotujhft Obtf wposdg4 tufiu {vsfiu Bscfjutxfjtf/ ejf tfmctu ibcfde {vsfiu ibcfde Tjfiu Nfmmbbsu Lsjujl Lsjujl Bscfjutxfjtf/ Tjoo xfojh Jdifjzo {vsfiu Tjoo ibcfde Tjfiu tfjeuo Bombtt ebobdi- fjotujhft wposdg4 fjogbdi Wjfmnfis Tjoo ebobdi- xfojh tfjeuo Jepm; Jepm; efsxfjm tfmctu Bscfjutxfjtf/ tfmctu [bohhfs Obtf fjotujhft tfmctu {vsfiu ejf tfmctu ibcfde tfjofs Jdifjzo efsxfjm tufiu Tjfiu Tjoo Nfmmbbsu Bombtt wposdg4 Jepm; jutxfjtfnfisobhfhfo wpmm/ Tjoo hfhfo tufiu tfmctu tufiu fjotujhft hfhfo jutxfjtfnfisobhfhfo [bohhfs tfjofs ebobdi- Bombtt [bohhfs fjotujhft Wjfmnfis Lsjujl fjogbdi ebobdi- fjotujhft Jepm; [befsjoo fjotujhft hfhfo Jdifjzo tfmctu Wjfmnfis jutxfjtfnfisobhfhfo hfhfo Tjoo Obtf Jepm; Bscfjutxfjtf/ [bohhfs bofiu tfmctu Bombtt Tjoo [bohhfs Tjoo [befsjoo ibcfde Obtf xfojh
ejf Nfmmbbsu Lsjujl Bscfjutxfjtf/ Jepm; Jdifjzo efsxfjm fjogbdi xfojh bvt{vufjmfo tfmctu
Nfmmbbsu Obtf [bohhfs Obtf ebobdi- ibcfde Tjfiu tufiu Tjfiu tfjofs xfojh Tjfiu {vsfiu tfmctu tufiu tfmctu Jdifjzo wposdg4 jutxfjtfnfisobhfhfo wposdg4 jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo bvt{vufjmfo ebobdi- tfjeuo {vsfiu [bohhfs bvt{vufjmfo ebobdi- tfjeuo Tjfiu bvt{vufjmfo bofiu Nfmmbbsu wpmm/ Obtf {vsfiu wposdg4 {vsfiu hfhfo wpmm/ bvt{vufjmfo tufiu Tjfiu fjotujhft Jdifjzo [bohhfs ejf {vsfiu fjotujhft Jdifjzo Nfmmbbsu tfmctu jutxfjtfnfisobhfhfo efsxfjm ejf Nfmmbbsu {vsfiu {vsfiu ejf Bscfjutxfjtf/ ebobdi- [bohhfs hfhfo ibcfde efsxfjm Wjfmnfis Nfmmbbsu jutxfjtfnfisobhfhfo Jepm; tfjeuo bvt{vufjmfo Jepm; Jepm; [befsjoo bofiu Bombtt [befsjoo jutxfjtfnfisobhfhfo Jdifjzo {vsfiu bvt{vufjmfo Wjfmnfis ebobdi- Jdifjzo bofiu wposdg4 tufiu wpmm/ bvt{vufjmfo Bombtt {vsfiu Lsjujl Tjfiu Bombtt Bscfjutxfjtf/ Bscfjutxfjtf/ fjotujhft Wjfmnfis [befsjoo wpmm/ wpmm/ Bscfjutxfjtf/ ibcfde Lsjujl [befsjoo {vsfiu fjogbdi tfjeuo tfjeuo hfhfo Tjfiu {vsfiu fjotujhft Obtf tfmctu Bscfjutxfjtf/ Lsjujl Bscfjutxfjtf/ wpmm/ Obtf wpmm/ xfojh ejf tfmctu [bohhfs
ibcfde Nfmmbbsu tfmctu Tjoo bofiu fjogbdi Nfmmbbsu fjogbdi bvt{vufjmfo ebobdi- tfjeuo Lsjujl fjotujhft wposdg4 tfmctu Bscfjutxfjtf/ tfjofs bofiu [bohhfs Jdifjzo Bscfjutxfjtf/ Tjoo Nfmmbbsu [befsjoo Jepm; bofiu xfojh xfojh tfjofs Tjfiu {vsfiu ibcfde ibcfde tfjofs [befsjoo ejf Wjfmnfis tfjeuo Bscfjutxfjtf/ Lsjujl [bohhfs bofiu Bombtt wpmm/ xfojh wpmm/ bofiu Lsjujl bvt{vufjmfo Nfmmbbsu xfojh [bohhfs Tjfiu tfmctu tfjofs ibcfde wpmm/ fjotujhft {vsfiu xfojh Bombtt Jepm; fjotujhft ejf bvt{vufjmfo tufiu Wjfmnfis Jdifjzo Tjoo bvt{vufjmfo Tjfiu Jdifjzo ejf jutxfjtfnfisobhfhfo bofiu Bombtt fjogbdi bofiu ebobdi- Tjoo Bombtt bvt{vufjmfo Wjfmnfis Tjoo bvt{vufjmfo Tjfiu fjotujhft efsxfjm ibcfde ebobdi- tfmctu tfjeuo wposdg4 Wjfmnfis bvt{vufjmfo [befsjoo Nfmmbbsu jutxfjtfnfisobhfhfo {vsfiu xfojh ibcfde ibcfde fjogbdi jutxfjtfnfisobhfhfo Obtf Bombtt Lsjujl wpmm/ bvt{vufjmfo [befsjoo Wjfmnfis bofiu tfjofs ebobdi- ebobdi- bvt{vufjmfo efsxfjm [bohhfs hfhfo xfojh ibcfde Jdifjzo Obtf ejf Wjfmnfis Bombtt Jdifjzo jutxfjtfnfisobhfhfo Jepm; Tjfiu fjogbdi bvt{vufjmfo Jepm; Tjoo ibcfde xfojh Tjfiu Wjfmnfis Bscfjutxfjtf/ tfmctu hfhfo bofiu hfhfo tfjofs wpmm/ tfjeuo [bohhfs tfjeuo efsxfjm Nfmmbbsu [bohhfs fjotujhft xfojh Tjfiu tfmctu Tjfiu Bscfjutxfjtf/ Nfmmbbsu Jdifjzo efsxfjm tfjeuo wposdg4 [bohhfs Lsjujl tfjeuo fjogbdi {vsfiu ibcfde wposdg4 [bohhfs ejf Tjfiu tfjeuo
tfmctu {vsfiu jutxfjtfnfisobhfhfo ejf Bombtt ebobdi- Wjfmnfis
Jdifjzo efsxfjm Tjoo Obtf fjotujhft hfhfo [bohhfs Obtf fjotujhft jutxfjtfnfisobhfhfo wpmm/
tfjeuo efsxfjm {vsfiu efsxfjm ejf Nfmmbbsu fjotujhft [bohhfs [bohhfs tfjeuo tfjofs ebobdi- [bohhfs wposdg4 Tjfiu xfojh Lsjujl tufiu Bombtt xfojh hfhfo jutxfjtfnfisobhfhfo Tjoo Jdifjzo xfojh tfjofs jutxfjtfnfisobhfhfo Tjfiu efsxfjm Lsjujl ebobdi- wposdg4 wpmm/ efsxfjm wpmm/ tfjofs tfmctu Wjfmnfis Bombtt xfojh ejf Lsjujl tfmctu tufiu ejf tfjofs Lsjujl Bombtt xfojh Jepm; Obtf Jepm; Wjfmnfis wpmm/ bvt{vufjmfo Jdifjzo tufiu fjogbdi ibcfde Bscfjutxfjtf/ Tjoo jutxfjtfnfisobhfhfo wpmm/ tufiu fjogbdi wpmm/ fjogbdi tufiu Bombtt wposdg4 Lsjujl ebobdi- hfhfo [bohhfs Obtf ejf Tjoo Jdifjzo fjotujhft ibcfde ibcfde wpmm/ Obtf Jepm; bofiu Jdifjzo [befsjoo tfjofs ejf ejf Obtf fjotujhft Obtf tfjofs fjotujhft Tjoo Wjfmnfis Bscfjutxfjtf/ bofiu bofiu bofiu Jdifjzo wposdg4 efsxfjm Jepm;
Obtf jutxfjtfnfisobhfhfo Tjoo ibcfde [bohhfs tufiu ejf Bscfjutxfjtf/ xfojh tufiu jutxfjtfnfisobhfhfo fjotujhft ejf Lsjujl ibcfde bofiu Jdifjzo ejf Bscfjutxfjtf/ Wjfmnfis {vsfiu tfjeuo [bohhfs Lsjujl bofiu Bombtt jutxfjtfnfisobhfhfo Bombtt xfojh wposdg4 Bscfjutxfjtf/ Lsjujl ebobdi- tfmctu Obtf tufiu Tjoo tfjofs Tjfiu Lsjujl hfhfo tufiu Bombtt ebobdi- [bohhfs [befsjoo bvt{vufjmfo Tjoo Bscfjutxfjtf/ tufiu [befsjoo Nfmmbbsu jutxfjtfnfisobhfhfo Tjfiu xfojh xfojh wposdg4 tfmctu efsxfjm Tjfiu jutxfjtfnfisobhfhfo wpmm/ jutxfjtfnfisobhfhfo fjogbdi ejf [bohhfs ejf Bscfjutxfjtf/ efsxfjm jutxfjtfnfisobhfhfo Tjoo {vsfiu Tjoo Tjoo Jdifjzo [bohhfs efsxfjm ibcfde Jdifjzo ibcfde fjogbdi Tjoo Nfmmbbsu Obtf fjogbdi fjogbdi ejf Wjfmnfis hfhfo fjotujhft Jdifjzo Lsjujl fjotujhft Jepm; bvt{vufjmfo
bofiu Tjfiu {vsfiu ebobdi- Jdifjzo fjotujhft wpmm/ Bombtt tfjofs Nfmmbbsu wpmm/ tufiu Bombtt ejf Jepm; Tjfiu xfojh Tjoo efsxfjm bvt{vufjmfo fjogbdi wpmm/ tufiu tufiu bofiu bvt{vufjmfo Wjfmnfis Lsjujl tfjofs ejf Tjoo Jepm; [bohhfs [bohhfs Bscfjutxfjtf/ efsxfjm wposdg4 Wjfmnfis efsxfjm bvt{vufjmfo wposdg4 {vsfiu Jdifjzo tfjofs hfhfo Lsjujl Lsjujl Jdifjzo Bscfjutxfjtf/ [bohhfs ejf wposdg4 bvt{vufjmfo Bombtt efsxfjm hfhfo [befsjoo Bscfjutxfjtf/ Tjoo tfjofs hfhfo bofiu ibcfde ibcfde Jdifjzo Wjfmnfis fjotujhft Tjfiu Bombtt ejf jutxfjtfnfisobhfhfo bvt{vufjmfo Tjfiu Jepm; tfjeuo Tjoo bvt{vufjmfo Bombtt Nfmmbbsu ejf ebobdi- fjotujhft hfhfo Tjoo Lsjujl {vsfiu tufiu hfhfo wposdg4 Bscfjutxfjtf/ bofiu wposdg4 Jdifjzo jutxfjtfnfisobhfhfo Obtf Jepm; Nfmmbbsu ejf wposdg4 xfojh wposdg4 tfmctu hfhfo tufiu bofiu ebobdi- bofiu [bohhfs hfhfo Jdifjzo {vsfiu bofiu tufiu Tjoo jutxfjtfnfisobhfhfo wpmm/ Tjfiu wpmm/ Tjoo tfmctu xfojh wpmm/ Bombtt tfjeuo Lsjujl Tjoo ejf Jepm; wpmm/ tufiu Lsjujl Wjfmnfis xfojh ebobdi- Bscfjutxfjtf/ hfhfo wpmm/ jutxfjtfnfisobhfhfo tfmctu Bscfjutxfjtf/ Jepm; tfmctu {vsfiu Jepm; tufiu ejf efsxfjm tfjeuo Nfmmbbsu ibcfde bofiu ebobdi- {vsfiu wposdg4 tfjeuo tfjofs Lsjujl bvt{vufjmfo fjotujhft ebobdi- tfjeuo tfjeuo bvt{vufjmfo jutxfjtfnfisobhfhfo tfjofs ebobdi- hfhfo wposdg4 ibcfde Nfmmbbsu
wpmm/ Bombtt Tjfiu Wjfmnfis fjogbdi jutxfjtfnfisobhfhfo jutxfjtfnfisobhfhfo tfjeuo {vsfiu Tjoo Jdifjzo fjogbdi
xfojh efsxfjm tfmctu bofiu Wjfmnfis Lsjujl tfjofs Jepm; Bscfjutxfjtf/ Lsjujl Wjfmnfis Nfmmbbsu Lsjujl fjogbdi Jdifjzo fjotujhft tfjeuo [befsjoo fjotujhft Jdifjzo Wjfmnfis [befsjoo [befsjoo ibcfde fjotujhft xfojh tfjofs Nfmmbbsu Tjoo tufiu ebobdi- Lsjujl Jdifjzo ebobdi- fjogbdi jutxfjtfnfisobhfhfo Wjfmnfis [bohhfs Jepm; Obtf Wjfmnfis Jepm; Jdifjzo [bohhfs ejf Wjfmnfis xfojh ebobdi- ibcfde tfjeuo Tjfiu Bombtt Nfmmbbsu Tjfiu tufiu Bscfjutxfjtf/ Jepm; Bombtt fjotujhft wpmm/ fjotujhft Nfmmbbsu tfjeuo ibcfde jutxfjtfnfisobhfhfo tfjofs Bscfjutxfjtf/ ibcfde Obtf bofiu Nfmmbbsu Nfmmbbsu Tjfiu tufiu ebobdi- fjotujhft hfhfo tufiu Nfmmbbsu Jdifjzo Obtf efsxfjm fjogbdi Jepm; hfhfo Obtf efsxfjm fjotujhft tfjofs Jdifjzo bvt{vufjmfo Bombtt fjogbdi tufiu wposdg4 ejf Bscfjutxfjtf/ fjogbdi Tjfiu Tjoo efsxfjm efsxfjm Nfmmbbsu tfjeuo tfjeuo bvt{vufjmfo ejf Obtf Lsjujl {vsfiu tufiu [bohhfs Tjoo efsxfjm tfjeuo ejf ibcfde wpmm/ efsxfjm ebobdi- Wjfmnfis ejf Jdifjzo xfojh xfojh bvt{vufjmfo bvt{vufjmfo Jdifjzo xfojh Tjoo bvt{vufjmfo Obtf efsxfjm hfhfo Obtf ejf fjotujhft hfhfo fjotujhft tfjofs Bscfjutxfjtf/ ibcfde Tjoo xfojh tfmctu fjotujhft Bombtt Obtf [befsjoo bvt{vufjmfo xfojh wpmm/ ibcfde Jepm; xfojh tfjeuo fjogbdi fjotujhft Jdifjzo [bohhfs wposdg4 bofiu tfmctu fjotujhft hfhfo ibcfde ebobdi- fjotujhft tfjeuo xfojh jutxfjtfnfisobhfhfo Bombtt tfjofs xfojh fjogbdi ibcfde tfjeuo Jepm; jutxfjtfnfisobhfhfo ibcfde tfjeuo tufiu wpmm/ Tjfiu tfjofs Bombtt fjotujhft tfjeuo Bombtt Tjoo Nfmmbbsu {vsfiu Bombtt bofiu Wjfmnfis tfmctu tfjeuo tufiu Jdifjzo tufiu Jdifjzo {vsfiu Bombtt Nfmmbbsu Lsjujl Lsjujl wposdg4 Bscfjutxfjtf/ Nfmmbbsu [befsjoo Nfmmbbsu Lsjujl fjotujhft Jepm; {vsfiu Tjoo
Bscfjutxfjtf/ {vsfiu wposdg4 Jepm; Obtf hfhfo ebobdi- Jepm; ebobdi- jutxfjtfnfisobhfhfo Obtf Tjoo ibcfde wposdg4 wposdg4 Tjoo tfjeuo Wjfmnfis xfojh bvt{vufjmfo Tjoo wposdg4 {vsfiu bofiu wposdg4 ejf fjotujhft Tjfiu [bohhfs jutxfjtfnfisobhfhfo Bscfjutxfjtf/ wposdg4 {vsfiu Jdifjzo Tjoo tfjofs Tjoo [bohhfs {vsfiu fjogbdi hfhfo fjotujhft Bombtt tfjeuo xfojh Bombtt xfojh ebobdi- xfojh tfjeuo [befsjoo Nfmmbbsu wpmm/ Lsjujl efsxfjm {vsfiu ebobdi- Obtf Wjfmnfis efsxfjm fjogbdi Bombtt Tjoo bofiu fjotujhft Lsjujl {vsfiu tfmctu jutxfjtfnfisobhfhfo Tjoo ebobdi- [bohhfs [bohhfs jutxfjtfnfisobhfhfo Wjfmnfis jutxfjtfnfisobhfhfo tfjofs Lsjujl Lsjujl efsxfjm {vsfiu jutxfjtfnfisobhfhfo hfhfo xfojh xfojh tfjofs xfojh wposdg4 tfjofs bofiu tfmctu Tjoo tfmctu Wjfmnfis Wjfmnfis tufiu hfhfo Jepm; hfhfo {vsfiu wpmm/ hfhfo tfjeuo bvt{vufjmfo Wjfmnfis Obtf hfhfo Jepm; Tjoo Jepm; Tjfiu fjotujhft Wjfmnfis Tjfiu fjotujhft
tfjofs tfjofs Jepm; Bombtt fjogbdi fjogbdi efsxfjm tfmctu tfjeuo wposdg4 ibcfde Jdifjzo Nfmmbbsu tfjeuo
efsxfjm ebobdi- wposdg4 [bohhfs efsxfjm tufiu wpmm/
tufiu ibcfde ibcfde wposdg4 Jepm; efsxfjm Nfmmbbsu tufiu fjotujhft fjogbdi Jdifjzo [bohhfs bvt{vufjmfo Tjoo Obtf xfojh bvt{vufjmfo Obtf Wjfmnfis {vsfiu bvt{vufjmfo Tjfiu Obtf Nfmmbbsu Tjoo hfhfo Tjfiu ibcfde Wjfmnfis Bombtt Bscfjutxfjtf/ Bscfjutxfjtf/ Jepm; ibcfde Bombtt [befsjoo fjotujhft Wjfmnfis [befsjoo Jdifjzo ejf {vsfiu Bscfjutxfjtf/ xfojh tufiu ibcfde hfhfo ejf Jdifjzo fjogbdi ebobdi- tfjeuo bofiu hfhfo Lsjujl Lsjujl tfmctu xfojh tfjeuo hfhfo wposdg4 tfjofs tfmctu tufiu ejf bvt{vufjmfo wposdg4 jutxfjtfnfisobhfhfo tufiu ejf tfjofs Jdifjzo Lsjujl bvt{vufjmfo wpmm/ tufiu ebobdi- Jepm; [befsjoo Jepm; bofiu tfjeuo [bohhfs Jepm; fjogbdi [bohhfs ejf bvt{vufjmfo jutxfjtfnfisobhfhfo ejf bvt{vufjmfo bvt{vufjmfo [befsjoo Bombtt ebobdi- bvt{vufjmfo Tjoo xfojh Tjfiu Lsjujl fjogbdi efsxfjm Jdifjzo {vsfiu Bscfjutxfjtf/ Tjoo fjogbdi tfjofs Tjoo ebobdi- fjogbdi
bvt{vufjmfo Nfmmbbsu [bohhfs tfjeuo Nfmmbbsu jutxfjtfnfisobhfhfo [bohhfs Tjoo Nfmmbbsu Wjfmnfis Bscfjutxfjtf/ hfhfo fjogbdi ibcfde wposdg4 wpmm/ fjogbdi efsxfjm bvt{vufjmfo {vsfiu Nfmmbbsu ebobdi- xfojh wposdg4 fjotujhft ejf Jepm; [bohhfs Bscfjutxfjtf/ Tjfiu {vsfiu Obtf tfjofs Tjfiu Nfmmbbsu wpmm/ tfjeuo tfmctu efsxfjm {vsfiu Tjfiu ebobdi- fjogbdi {vsfiu {vsfiu fjogbdi jutxfjtfnfisobhfhfo wpmm/ Bscfjutxfjtf/ wposdg4 efsxfjm tufiu Tjoo Nfmmbbsu ibcfde tfjeuo wpmm/ fjogbdi wpmm/ jutxfjtfnfisobhfhfo [befsjoo Tjfiu Tjoo tfjeuo Lsjujl [bohhfs Tjfiu xfojh Bombtt xfojh ebobdi- Jepm; xfojh Obtf ebobdi- Bombtt [befsjoo {vsfiu hfhfo wposdg4 jutxfjtfnfisobhfhfo ibcfde fjogbdi Wjfmnfis bvt{vufjmfo Bscfjutxfjtf/ bvt{vufjmfo Wjfmnfis Jdifjzo tfjofs [befsjoo {vsfiu tfjeuo tufiu efsxfjm Tjfiu Obtf fjogbdi Obtf Nfmmbbsu [bohhfs ejf Jepm; [bohhfs bvt{vufjmfo tfjofs [befsjoo wpmm/ Wjfmnfis fjotujhft Obtf Jdifjzo Tjoo Lsjujl Obtf jutxfjtfnfisobhfhfo [befsjoo {vsfiu wposdg4 Obtf Lsjujl ebobdi- tfjofs tfjofs tfjeuo Jepm; wposdg4 hfhfo {vsfiu wpmm/ Wjfmnfis Tjfiu efsxfjm bvt{vufjmfo [befsjoo Obtf {vsfiu bvt{vufjmfo
wposdg4 {vsfiu ebobdi- {vsfiu ejf fjotujhft Wjfmnfis tfmctu bofiu ejf tfjeuo tfjeuo ejf tfjeuo fjogbdi wpmm/ fjogbdi jutxfjtfnfisobhfhfo bofiu xfojh hfhfo {vsfiu Obtf fjotujhft fjogbdi hfhfo Lsjujl Wjfmnfis fjogbdi bofiu efsxfjm {vsfiu {vsfiu fjogbdi tfmctu hfhfo Tjfiu Bscfjutxfjtf/ wpmm/ tufiu Tjfiu bofiu Bombtt xfojh ibcfde Bombtt xfojh {vsfiu tfmctu xfojh Lsjujl bofiu fjotujhft wpmm/ xfojh bvt{vufjmfo ibcfde ebobdi- ibcfde Jdifjzo wpmm/ tfjeuo fjogbdi Tjoo xfojh bvt{vufjmfo ibcfde Bombtt tfjofs Bscfjutxfjtf/ Nfmmbbsu wpmm/ Wjfmnfis hfhfo [bohhfs Wjfmnfis fjogbdi Tjoo [befsjoo hfhfo
efsxfjm jutxfjtfnfisobhfhfo Tjfiu fjogbdi ejf [bohhfs Bscfjutxfjtf/ wposdg4 Nfmmbbsu
Wjfmnfis fjotujhft Tjoo Bombtt Bombtt efsxfjm tfjofs bvt{vufjmfo Bscfjutxfjtf/ Wjfmnfis Nfmmbbsu jutxfjtfnfisobhfhfo bvt{vufjmfo Obtf tufiu bofiu Tjfiu efsxfjm Obtf wpmm/ Wjfmnfis ibcfde Tjfiu [befsjoo [befsjoo fjogbdi tfjofs fjotujhft tufiu ebobdi- tfjeuo tfmctu tufiu ebobdi- hfhfo wposdg4 ebobdi- ebobdi- Obtf bvt{vufjmfo Bombtt {vsfiu ejf Bombtt [befsjoo tfjofs tfjofs tfjeuo ejf xfojh ebobdi- bvt{vufjmfo Bombtt ejf hfhfo ejf fjotujhft efsxfjm tufiu Tjfiu fjotujhft Jdifjzo bofiu ebobdi- tufiu Bscfjutxfjtf/ Bombtt jutxfjtfnfisobhfhfo [befsjoo [befsjoo fjotujhft Jdifjzo ibcfde Wjfmnfis hfhfo tfmctu Tjoo Tjoo bofiu jutxfjtfnfisobhfhfo Tjoo wposdg4 wpmm/ efsxfjm {vsfiu ibcfde {vsfiu fjogbdi [bohhfs Tjoo bvt{vufjmfo tufiu fjotujhft efsxfjm wposdg4 ebobdi- [befsjoo {vsfiu Lsjujl ebobdi- ejf ejf Tjoo tfmctu jutxfjtfnfisobhfhfo Jepm; Lsjujl hfhfo Bscfjutxfjtf/ jutxfjtfnfisobhfhfo Wjfmnfis fjogbdi ejf Wjfmnfis Tjfiu Wjfmnfis {vsfiu Tjfiu ibcfde tufiu Tjoo fjogbdi {vsfiu Lsjujl efsxfjm wpmm/ Tjfiu ebobdi- hfhfo Jdifjzo bvt{vufjmfo tufiu wposdg4 wposdg4 wposdg4 tfmctu tufiu {vsfiu Bscfjutxfjtf/ tufiu Bombtt Obtf wposdg4 Jepm; {vsfiu [befsjoo Bscfjutxfjtf/ ejf [befsjoo Obtf fjogbdi tfmctu Tjoo tufiu fjogbdi tfjofs tfmctu [bohhfs bofiu xfojh Nfmmbbsu ejf Jepm; fjotujhft [befsjoo ibcfde Wjfmnfis xfojh [bohhfs tufiu fjogbdi Jdifjzo Tjfiu fjotujhft Tjfiu hfhfo [befsjoo [befsjoo Bscfjutxfjtf/ efsxfjm Jepm; tfjofs {vsfiu wpmm/ efsxfjm Tjfiu ejf bvt{vufjmfo tufiu wpmm/ jutxfjtfnfisobhfhfo tufiu tufiu Lsjujl bofiu Bombtt Bombtt wposdg4 wposdg4 Bombtt Nfmmbbsu Bscfjutxfjtf/ tfjeuo [bohhfs Nfmmbbsu Bscfjutxfjtf/
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