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Diller’s USA Interactive Reorganizes Divisions

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From Reuters

USA Interactive, the Internet commerce company run by Barry Diller, restructured management ranks into three core categories and said the head of its electronic retailer, HSN, is leaving.

The company -- home to travel firms Expedia Inc. and Hotels.com, Ticketmaster and dating service Match.com -- said it would reorganize operations into three groups: information and services, electronic retailing and travel services.

Shares of New York-based USA fell 35 cents to $24.34 on Nasdaq.

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