The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor/analyst Austin Smith and industrials editor/analyst Brendan Byrnes discuss topics across the investing world.

In today's edition, Brendan and Austin talk about some of the recent spinoff rumors that have swirled regarding whether eBay should part ways with its PayPal division, and whether Barnes & Noble would be better off letting the Nook run free.

Brendan Byrnes has no positions in the stocks mentioned above. Austin Smith owns shares of Philip Morris. The Motley Fool owns shares of Amazon.com, Altria Group, and Philip Morris International. Motley Fool newsletter services recommend Amazon.com and eBay. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.