UPDATE 2-Songbird tells shareholders to take no action on $4 bln bid

* Songbird shares down 1 pct at 317 pence (Recasts with Songbird response, adds share price)

from Reuters: Financial Services and Real Estate http://feeds.reuters.com/~r/reuters/financialServicesRealEstateNews/~3/XGxGs2zBmdQ/story01.htm