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Boston Taxi King getting out of the game

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joeyj
426 Driver Rider
 Posted 3 years, 2 months ago

Ed Tutunjian's selling his business and 362 taxi medallions. For a lifetime of being a jerk, his reward is $145M. Not bad.

http://www.bostonglobe.com/business/2017/03/07/taxi-king-tutunjian-abdicate-his-throne/sAZIan90K6MAA6iRfrp0wM/story.html

Comments

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    lilly
    1017 Rider Guru
     3 years ago

    End of an era...

    Show Hide  2 Replies
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    chawes
    747 Rider Guru
     3 years ago

    Sounds like the buyer is more interested in his real estate holdings. Over 2 acres in the fenway area, that's insane.

    The taxi business is like an afterthought. A few years ago the medallions alone would have been worth more than $145M. Amazing.