Extremely weak bid, no? PayPal was worth 5x this a few years ago... Even pre-pandemic it was worth far more. Hell, just a year ago it was valued at ~$80 share.

Extremely weak bid, no? PayPal was worth 5x this a few years ago... Even pre-pandemic it was worth far more. Hell, just a year ago it was valued at ~$80 share. $60.50 per share would value them at just 11x their current earnings. I get PayPal isn't exactly a growth company anymore, but I'm not sure I understand why shareholders would agree to this offer?