Dec 19 (Reuters) - Eza Corporation Ltd EZA.AX -
* Refers to market takeover announced by Mercantile Invetsment Co
* Board is considering Mercantile's proposal and is not in a position to make a formal recommendation to shareholders
* Board advises shareholders to take no action until board has had opportunity to consider Mercantile's proposal Source text for Eikon: ID:nNZW21dYNm Further company coverage: EZA.AX