RARE ALERT: Medtronic said to ...

Intersect ENT, the US-listed medical equipment company, has been at the centre of takeover speculation.

Readers should be aware speculation about a takeover of Intersect has been circulating the market since late last year when the company's shares were trading at between $24 and $25 a share.

Some people following the situation suggested Medtronic, another US-listed medical devices group, is one of companies interested in buying Intersect...