Home Depot held internal discussions to buy XPO Logistics: Recode

Home Depot worker apron FBN

Home Depot Inc (NYSE:HD) has held internal discussions in recent months to buy XPO Logistics Inc (NYSE:XPO), one of the largest publicly traded U.S. freight-hauling and logistics companies, technology news website Recode reported on Friday, citing an unnamed source.

Shares of XPO touched a record high at $86.80, while Home Depot shares were marginally down at $187.93.

Representatives for Home Depot and XPO declined to comment.