AB 611

Existing law requires an incumbent grocery employer, defined as a person that owns, controls, or operates the grocery establishment at the time of a change in control, as defined, to post a public notice of a change in control at the location of the affected grocery establishment within 5 business days following the execution of the transfer document, as specified. Existing law, among other things, requires a covered establishment, defined to include a grocery establishment or a pharmacy establishment, to provide written notice of a closure to persons or entities, as specified, no later than 45 days before the closure takes effect. This bill would require a legacy local news organization, at least 120 days before the final execution of any transaction agreement, to provide a notice of intent to sell, as specified. The bill would require written notice to be provided, among other things, directly to each employee of the legacy local news organization, as specified, and would require the notice to include prescribed information, including the name of the proposed buyer. The bill would specify that its provisions do not apply to a legacy local news organization that would be independently owned after a transaction. The bill would define various terms for these purposes.