Please correct me if I am wrong.
AKE shareholders will receive 1 to 1 share of Arcadium
LTH shareholders will receive 1 to 2.4share of Arcadium.
At today price AKE shareholders will have an Arcadium share valued at $8.62
LTH shareholders will have an Arcadium share valued at (8.62x2.4)=$20.68.
Hope I am wrong as it does not make sense.