Dal-Tile International Announces Offering of 16 Million Shares
The selling stockholders have granted the underwriters an option exercisable at any time until June 15, 2001 to purchase up to an additional 2.4 million shares to cover over-allotments, if any, at the initial offering price.
Credit Suisse First Boston, Goldman, Sachs & Co., Merrill Lynch & Co. and UBS Warburg are the managers of the underwriting syndicate offering the shares to the public.
Dal-Tile is the largest manufacturer, distributor and marketer of ceramic tile in the United States. Headquartered in Dallas, Texas, the Company has approximately 7,600 employees at its facilities in North America.