Rug and carpet maker Mohawk Industries Inc. said it will buy ceramics tile maker Dal-Tile International Inc. for about $1.4 billion in cash and stock in a bid to become a leader in the fast ...

Mohawk, the country's second-largest carpet and rug manufacturer, agreed to buy Dal-Tile International Inc., the country's No. 1 ceramic-tile supplier, in a stock and cash deal valued at $1.39 ...

The $1.5 billion acquisition of an Italian tile maker by Georgia-based Mohawk Industries will make the Calhoun company the leader in ceramic tile manufacturing, Mohawk said.