Yahoo! Restructuring, Jorgensen Out

03/29/2009 05:12 am ET | Updated May 25, 2011

UPDATE: CNBC Is reporting that Blake Jorgensen is leaving Yahoo! For more on the restructuring of the company, click here.

The stock is rising on the news. In mid-day trading, up more than 5% to $13.14 a share.

For more on comments Wednesday from Jorgensen on a possible sale of Yahoo's search business, click here.

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