Oh YES: It's Much Too LOW!!!
We reached a price around $45 some years back, and the company has grown considerably since then!
The normal buyout premium is 30%+ and anything less insults the shareholders.
That MR's principle officers are involved is a clear and offensive conflict of interest!
Something similar is happening to WX, a Chinese company i bought about the same time years ago. Similarly, the price is depressed because they'd been putting the profits into R&D and facilities..If so we are about to be screwed here too!