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Anderson, Clayton & Co. said its shareholders...

Anderson, Clayton & Co. said its shareholders have approved a contested recapitalization plan by a wide margin . . . Exxon said it plans to seek federal approval to withdraw more than $1 billion of excess funds from its U.S. pension plan . . . Times Mirror Co. reported that it has completed the previously announced sale of its Times Mirror Microwave Communications subsidiary to Communications Transmission Holding for about $175 million.

Inside the business of entertainment

The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.

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