DOM manipulation for deleting the table but not what is inside that.

DOM manipulation for deleting the table but not what is inside that.

Can anyone help me to re format my articles in DOM by jquery?

I have articles that the image of the content is in a table row and the caption for image in another row. Now I need to change the format from this first example to the second one. 
For this I need take out the table but use the (img src) and the image caption.

First example:
...
<table style="width: 300px;" border="0" align="left">
<tbody>
<tr>
<td><img src="/images/image1.jpg" border="0" /></td>
<td></td>
</tr>
<tr>
<td><em>The image caption.</em></td>
<td></td>
</tr>
</tbody>
</table>
<p>Article's main text continues here...</p>
...

Second example:
<p><img class="caption" src="images/image1.jpg" border="0" alt="The image caption." title="The image caption." align="left" />
Article's main text continues here...</p>
</p>