Yahoo!’s No, a real No or a polite way to ask for a little more money?

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 “Not News ” 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 Insidert News 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!