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 Multiple people have been shot at a Mormon church in Michigan. Locals are furious about the planned demolition of a landmark bridge. US to pull Colombian president's visa over protest. The latest mass shooting in the US took place from a boat. Report an error