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Home Depot said Monday that it is buying GMS, a building-products distributor, for about $4.3 billion as the retailer moves to draw more sales from contractors and other home professionals.

The Home Depot is one of three major chains expected to be boycotted for the month of July.

Home Depot will buy building-products distributor GMS for about $4.3 billion, winning a bidding war over roofing-products distributor QXO.