LYNCH <LGL> PLANS OFFER FOR BECOR <BCW> STOCK Lynch Corp said it will offer 10.50 dlrs a share in cash, 4.50 dlrs in subordinated debentures and a 1/4 share in a new company for each Becor Western Inc share outstanding. Lynch said its proposed offer "substantially improves" over the offer of 10.45 dlrs a share in cash and 4.00 dlrs of senior sinking fund debentures made by BCW Acquisition Inc, formed by Becor's management. Lynch Chairman Mario Gabelli, who heads a group which owns 12.35 pct of Becor's 16.5 mln outstanding shares, said the Lynch bid "is about one dlr better than the present offer." Gabelli previously said in a filing with the Securities and Exchange Commission he felt the Becor managment buyout was unfar. The Lynch officer said he was invited by other Becor shareholders to make an offer. Following sale of Becor's aerospace subsidiary in February, the management group led by President William Winter announced plans for a 238.1 mln dlr leveraged buyout. was planning to take Becor for about 238.1 mln dlrs. A shareholder vote on the buyout offer is scheduled for June four.