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Broadcom Corp. Files Registration Statementfor Follow-on Common Stock Offering
September 30, 1998 05:55 PM
IRVINE, Calif.--(BUSINESS WIRE)--Sept. 30, 1998--Broadcom Corporation BRCM today announced that it has filed a registration statement with the Securities and Exchange Commission for a proposed offering of 3,000,000 shares of Broadcom's Class A Common Stock. Of the 3,000,000 shares offered, 2,607,500 shares are being sold by certain shareholders of the Company and 392,500 shares are being sold by the Company. In addition, certain selling shareholders and the Company have granted the underwriters an option to purchase up to an additional 450,000 shares to cover underwriters' over-allotments. Morgan Stanley Dean Witter will serve as lead manager of the underwriting group, and BT Alex Brown, Credit Suisse First Boston, Hambrecht & Quist and Merrill Lynch & Co. will serve as co-managers. When available, a copy of the preliminary prospectus may be obtained from any of the following:
Morgan Stanley Dean Witter Hambrecht & Quist
1585 Broadway One Bush Street
New York, N.Y. 10036 San Francisco, Calif. 94104
Attn: Prospectus Dept. Telephone: 415/439-3300
Telephone: 212/761-6775
BT Alex. Brown Incorporated Merrill Lynch, Pierce, Fenner
One South Street & Smith Incorporated
Baltimore, Md. 21202 250 Vesey Street
Telephone: 410/727-1700 New York, N.Y. 10281
Attn: Preliminary Prospectus
Dept.
Telephone: 212/449-1000
Credit Suisse First Boston
11 Madison Avenue
New York, NY 10010-3629
Attn: Prospectus Dept.
Telephone: 212/325-2580
A registration statement related to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This communication shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any State in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such State.
About Broadcom
Broadcom Corporation is a leading developer of highly integrated silicon solutions that enable broadband digital data transmission to the home and within the business enterprise. Using proprietary technologies and advanced design methodologies, the Company has designed and developed integrated circuits for some of the most significant broadband communications markets, including the markets for cable set-top boxes, cable modems, high-speed networking, direct broadcast satellite and terrestrial digital broadcast, and digital subscriber line (xDSL). Broadcom is based in Irvine, California, and can be reached at 949/450-8700.
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