Aug 9 (Reuters) - Inter Pipeline Ltd IPL.TO :
* INTER PIPELINE RESPONDS TO MEDIA REPORTS
* INTER PIPELINE LTD - CONFIRMS RECEIVED UNSOLICITED, NON-BINDING, CONDITIONAL & INDICATIVE PROPOSAL TO PURCHASE CO
* INTER PIPELINE - NOT IN NEGOTIATIONS WITH ANY THIRD PARTY, NOR IS THERE ANY AGREEMENT, UNDERSTANDING/ARRANGEMENT WITH RESPECT TO ANY TRANSACTION