At Least One Other Person Thinks eBay Should Spin Off (Some Of) PayPal


Leon Cooperman can’t believe he’s saying this, but he actually thinks Carl Icahn’s talking some sense.

"I give Carl a lot of credit for taking the time and showing the energy, and in this case, we happen to agree with him," Cooperman, an eBay shareholder, said on CNBC television. "I think they should spin out a portion of PayPal," he said, noting that he owns about 2 percent of eBay shares.

Omega’s Cooperman: eBay should spin off portion of PayPal [Reuters]