SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): April 6, 1999
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NORTEK, INC.
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(Exact name of Registrant as specified in its charter)
DELAWARE 1-6112 05-0314991
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of Incorporation) I.D. Number)
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50 Kennedy Plaza, Providence. Rhode Island 02903-2360
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(Address of Principal Executive Offices) (Zip Code)
(401) 751-1600
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Registrant's Telephone Number including area code
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Item 5. Other Events.
On April 6, 1999, Nortek, Inc. entered into an agreement with a subsidiary
of Caradon plc ("Caradon") to acquire three of Caradon's business units:
Peachtree Doors and Windows, Thermal-Gard and Caradon Windows and Doors Canada.
Peachtree Doors and Windows, based in Norcross, Georgia, is a national
manufacturer of premium residential windows, entry doors and patio doors.
Thermal-Gard, based in Punxsutawney, Pennsylvania, is a manufacturer of premium
replacement windows, patio doors and sunrooms, primarily for the eastern and
mid-western residential markets. Caradon Windows and Doors Canada, based in
Calgary, Alberta, Canada, is a manufacturer of complete window and door systems
for new homes in Western Canada. For 1998, this group had combined net sales of
approximately $169 million.
The acquisition is subject to compliance with the provisions of the
Hart-Scott-Rodino Antitrust Improvements Act.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this Current Report on Form 8-K to be
signed on its behalf by the undersigned hereunto duly authorized.
Dated: April 8, 1999
NORTEK, INC.
By: /s/ Almon C. Hall
Name: Almon C. Hall
Title: Vice President,
Controller and Chief
Accounting Officer
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