Site A) I have a website which got hit some time back in April, 2012. It was EMD and very thin content ( about 5 pages). This site was in top 8 and now on page 6 of Google for the same keywords.
Site B) On the other hand I have another website on the same topic which has been doing very well. This too is an EMD but very high quality links.
I want to abandon Site A but its has 3 very strong links. In total Site A has about 11 domains linking to it ( no spam at all). If I do a 301 from Site A to Site B will any type of penalty pass over from it ? I just want to get the link juice from A to B and then focus solely on B.
Thanks in advance.