Bugdens Taxi has been sold to the daughter of the owner of Citywide taxi.
Jessica Gulliver, Peter Gulliver's daughter, bought the company out earlier this week.
The purchase gives the family a larger share of the St. John's taxi business.
However, Bugdens driver Jack Rodgers said he is indifferent over the change of ownership.
"Well, somebody's going to collect the rent so what difference do it make who gets it? I got a couple of years left now and I don't care if the roof comes off her."
Gulliver said she plans to keep the business operating the same as it was, and that the two companies will remain separate.
The sale became official on Friday, and while no one will confirm the sale price, sources told CBC that it was in the range of $1.5 million.