	rexham rxh gets takeover offer rexham corp a maker of packaging materials and machinery said it received an unsolicited offer of dlrs a share from nortek inc ntk nortek a providence r i textile manufacturer has disclosed it holds rexham shares or about pct of the outstanding the company said rexham said it does not welcome the proposal but added its board will study the offer and respond in due course nortek has proposed paying half cash and half nortek convertible preferred stock for rexham which has about mln shares outstanding the cash portion would include the amount previously paid for the rexham stake and the terms of the convertible preferred stock would be negotiated the company said rexham said it received the takeover offer in a letter from nortek reuter 
