I was just wondering if any of you folks could think of a company/individual that has bought a property from a succesfull company and still keep that purchased property profitable?

There have been several larger site/program purchases over the past 5 years that i can think of however, looking back now, those programs are either falling by the wayside or have closed up shop completely.

What is it that makes someone spend hundreds or thousands, even millions on sites and programs and run them in to the ground?

If you folks can think of a high value transaction that has taken place over the last 5 years, that has kept its profitability for the new owner id love to hear about it

Regards,

Lee