Media | Boston Globe Boston Real-Estate Firm May Buy Globe Paper's top union wants stake in broadsheet By Matt Cantor Posted Jun 11, 2009 12:46 PM CDT Copied Boston Newspaper Guild President Daniel Totten, center, walks past reporters outside a meeting hall in the Dorchester neighborhood of Boston, Tuesday, June 9, 2009. (AP Photo/Steven Senne) A Boston real-estate and investment firm is considering buying the Globe from the New York Times Company, and the paper’s biggest union wants a piece, too, the Herald reports. Intercontinental Real Estate Corp. says it’s been in talks for weeks to purchase the beleaguered newspaper. The firm says the Globe “fits our profile.” Meanwhile, the Boston Newspaper Guild aims to “explore with any potential new owner the possibility of an equity stake in the newspaper for its Guild employees,” its leader wrote to the Times Co. The Globe is losing money fast, and the Times Co. has hired investment banker Goldman Sachs to help land a buyer. Read These Next You may recognize him from Family Matters. He's now in jail. Diane Keaton, Godfather and Annie Hall star, dies. Plant explosion left no survivors, sheriff says. Trump announces 100% tariff on goods from China. Report an error