Australian Leisure's board advised shareholders to accept it unless a better offer emerged.

Wheway said it was considering its position and advised shareholders not to sell.

"The board strongly advises shareholders to reject the offer."

The Ampolex board advised shareholders to take no action for now.

Proxy firms commonly advise institutional shareholders on how they should vote.

For now, the directors are waiting to advise shareholders, but they expect to respond within the next 10 days.

The waste management company said it would advise shareholders no later than Dec. 4.

The management of the company has advised shareholders to vote against this proposal.

Dana advised shareholders to wait until the board made its decision before they decided.

Career Education has advised shareholders of these unpleasantries, as it must.