Boston Globe Up For Sale?

More woes for the Boston Globe. The paper reports that the New York Times Co. has hired Goldman Sachs to manage the possible sale of The Globe.

The papers cites as its sources two potential buyers, which it did not name, who said they were contacted by Goldman Sachs. Goldman requested bids for the 137-year-old newspaper in the next couple of weeks, the paper reports.

The Times Co. previously announced it had hired the Goldman to sell its 17.5 percent stake in the Boston Red Sox and related sports properties.

The news comes a day after members of The Boston Globe's largest employees union narrowly rejected a new contract marked by $10 million in concessions despite threats of even deeper wage cuts or the possible closure of the 137-year-old newspaper.