The transaction is scheduled to close May 31.

Some 400 drivers have been unemployed since Teo Tax ended its service.

Teo Taxi executives met with employees, including drivers, Tuesday morning to discuss the company's future.

This week on Focus Montreal: Meet Alexandre Taillefer, an entrepreneur with a social conscience, hear from the Quebec Bar Association on Quebec's court delays and explore the world of Kenyan warriors who traded their guns for running shoes.

From a Superior Court judge suspending Montreal's controversial pit bull bylaw to remembering one of Canada's deadliest bus disasters, here are the top five stories Global News covered in Montreal this week.

Alexandre Taillefer, a self-described "Montrealist" and the man behind Téo Taxi, sees a bright future on Montreal's horizon.

The goal of the forum is to build a sustainable and inclusive world where every person has a place and can have their voice heard.

Taxelco, the company that owns electric taxi fleet Téo Taxi, has purchased Diamond Taxi.

The popular Quebec-based department store Simons is setting sail on a new idea to be more environmentally friendly.

Aéroports de Montréal taxi drivers have new competitors from electric car company, Téo Taxi.