Medtronic Hits an FTC Roadblock in Intersect ENT Deal

Medtronic's proposed acquisition of Intersect ENT raised some eyebrows at the Federal Trade Commission. The FTC ordered Medtronic to divest Intersect's Fiagon business within 10 days of the acquisition. Specifically, the agency said Fiagon will have to be sold to White Bear Lake, MN-based Hemostasis.