With each day, a new wrinkle emerges in Microsoft's $44 billion bid to capture Yahoo. Now, the New York Post is reporting a split among Yahoo's board over whether to accept the offer. 

While Yahoo founder and current CEO Jerry Yang has rallied a group of loyalists to repel Microsoft's offer, Roy Bostock, Yahoo's chairman, appears to be leading a group that favors a more tempered approach.

According to the paper, Bostock's group holds the position that Yang and his cohorts may have rejected the bid out of emotion, ignoring their fiduciary duty to the company and its shareholders.

"The emotional part of Yang would rather do anything but sell to Microsoft, but he doesn't have the cards to come up with a value-creating, competitive alternative for shareholders," an anonymous source close to the story told the paper.

If true, news that the Yahoo board is split on the Microsoft offer could signal a growing problem at Yahoo, which claimed its board "unanimously" rejected the bid on Monday.

Presently, Yang is rumored to be looking for options left and right, with no obvious solutions on the horizon. Yesterday, reports circulated that Yahoo might be in talks to partner with News Corp., and last week rival Google reportedly offered the slumping giant an olive branch.