These are the packages that would be merged, in order:

Calculating dependencies ... done!
Dependency resolution took 0.85 s (backtrack: 0/20).


!!! All ebuilds that could satisfy "=app-backup/tsm-8.1.27.0-r2" have been masked.
!!! One of the following masked packages is required to complete your request:
- app-backup/tsm-8.1.27.0-r2::gentoo (masked by: Exolab gSOAP tsm || ( ) license(s))
A copy of the 'Exolab' license is located at '/Volumes/Disk 1/Repository/portage-git/licenses/Exolab'.

A copy of the 'gSOAP' license is located at '/Volumes/Disk 1/Repository/portage-git/licenses/gSOAP'.

A copy of the 'tsm' license is located at '/Volumes/Disk 1/Repository/portage-git/licenses/tsm'.


For more information, see the MASKED PACKAGES section in the emerge
man page or refer to the Gentoo Handbook.