Over at TechCrunch, Michael Arrington is reporting that Yahoo! is going to reject Microsoft’s offer on Monday. But will this No be a definite No or is it a polite way to ask for a little more money?
A few well connected reporters said our prediction that Yahoo would make a decision on the Microsoft offer yesterday were off, and that Yahoo would take more time to make it’s move. But it seems that Yahoo did in fact make a decision yesterday. They will reject Microsoft’s offer. A flat and stubborn “No” should be coming on Monday.
This could be a simple negotiating tactic to try to get Microsoft’s bid up a bit, as many people are speculating.Silicon Alley Insider says it’s basically a polite way to ask for a little more money. The offer “massively undervalues” Yahoo according to an unnamed source.
Guess we’ll have to wait and see. Stay tuned!