Home Depot held internal discussions to buy XPO Logistics: Recode

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A Home Depot employee is seen outside a store in Los Angeles, California March 17, 2015. (REUTERS/Lucy Nicholson/File Photo)

Home Depot Inc (HD) has held internal discussions in recent months to buy XPO Logistics Inc (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.

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

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Representatives for Home Depot and XPO declined to comment.

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