Austereo’s merger green light fails to impress market as Ive Group’s run up Unmade Index continues

News that the Seven West Media – Southern Cross Austereo merger had cleared another hurdle failed to move the market today, with SWM shares losing 2.1% and SCA losing 1.7%.

The combined market capitalisation of the two stocks currently sits at $414.3m – just below the $417m they…