Kaptyn hopes to steer Las Vegas taxi industry toward the future
(WorldNews Business)

Kaptyn Inc.’s pending deal to acquire a pair of Las Vegas transportation groups is about evolving the longstanding cab companies to better compete with emerging technologies. The mobility technology company filed Monday to acquire Desert Cab Co. and ODS Chauffeured Transportation, owned by the Balaban family, and Whittlesea-Bell Transportation, owned by the Bell family and comprised of Whittlesea Blue Cab, Henderson Taxi, Bell Limousine, Bell Trans and Presidential Limousine. The two groups also jointly own Virgin Valley Cab, which they purchased from Frias Transportation earlier this year. The groups Kaptyn seeks to acquire account for 872 of the 3,250 cabs in Las Vegas, along with...