The value generated by employes determines the market capitalization, not the delta between market cap and acquisition bid.
Whether you pay "above market price" or not has nothing to do with the value employees provide, but with how friendly or hostile the board and shareholders may be, or how willing to sell they are.
False. The value generated by employees only loosely determine the market capitalization. Market cap is driven primarily by perceptions of future market cap.
Employees don't suddenly become less productive because the stock market has a bad day.
Whether you pay "above market price" or not has nothing to do with the value employees provide, but with how friendly or hostile the board and shareholders may be, or how willing to sell they are.