Medtronic Makes Offer for Medical Device Maker Intersect

  • Intersect’s board is reviewing Medtronic’s takeover offer
  • Discussions are early and Medtronic’s plans could still change
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Medtronic Plc has made an offer for smaller medical device maker Intersect ENT Inc., according to people with knowledge of the matter.

Intersect’s board of directors is reviewing the offer with its advisers, the people said, asking not to be identified as the proposal is private.