Boston Globe for sale?

BOSTON - The New York Times Co. appears interested in getting rid of the

Boston Globe

, hiring investment bank Goldman Sachs to manage a potential sale of a newspaper that has plummeted in value since its purchase in 1993, the

Globe

said yesterday.

The Globe, citing potential buyers it did not name, said Goldman Sachs would request bids for the paper in the next couple of weeks.

The Times Co. previously announced it had hired the investment bank to sell its 17.5 percent stake in the Boston Red Sox.

A Times Co. spokeswoman said the company does not comment "on rumors." *

-Associated Press