There are plenty of examples of large companies losing money, getting acquired by other companies and getting turned around to be profitable. Sometimes (not al

There are plenty of examples of large companies losing money, getting acquired by other companies and getting turned around to be profitable. Sometimes (not always) the acquired company goes through downsizing led by the new owner before it starts turning profit. Very often this is more of a restructuring move by the new company as the acquired company can in some cases outgrow it's pre-acquisition size. Happens in automotive business all the time with higher-tier companies acquiring their own struggling suppliers.