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Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock Series A
Introduction
Broadcom (AVGO) is one of the largest semiconductor companies in the world. Over the past few years, it has built the company through acquisitions. This has caused revenue to soar. Revenue more than tripled from 2015 until 2019. Broadcom funded these acquisitions with a lot of new debt on its balance sheet. It also differentiated its business through these acquisitions. It became a combination of semiconductors and infrastructure software.