Dealmakers: David Perry and Paul Lawler

The Deal: A Holland & Knight team led by Perry represented West Palm Beach-based ION Media Networks Inc. in a leveraged dividend recapitalization that enabled the company to pay a $240 million special dividend to its common stockholders.

Details: Privately held ION, the successor to Paxson Communications Corp., owns and operates 60 television stations that reach 100 million U.S. households.