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In other words, it would be akin to a distress sale, a further blow for ByteDance's bottom line.

The letter said the closure was “not a liquidation, clearance or distress sale,” and the company was not facing financial difficulties.

Just 10 years later, the Newseum is shrinking into an uncertain future, the distress sale of its building to Johns Hopkins University marking the end of a troubled tenure that has become a cautionary tale of bloated budgets and unrealized ambition.

“It was bought at a distress sale,” Donald Trump recalled.

That anyone would sell at such a large loss suggests a distress sale.