Robin Parry has posted the following excerpt from a press release issued on Friday 18/12/2009:
Authentic Book Publishing (including Paternoster)and 8 Wesley Owen Stores (Bath Birmingham, Bristol, Bromley, Coleraine, Derby, Glasgow and York) have been sold to Koorong, which is owned by the Bootes family. Based in Sydney, Koorong has 18 stores operating successfully throughout Australia. It has purchased all of the Authentic and Paternoster intellectual property and author contracts, the freehold properties in Glasgow and York, the Wesley Owen trading name, and the domain name, wesleyowen.com. They plan to continue to operate from the Milton Keynes area.
From: Press Release: Paternoster’s future Secured, Robin Parry, 20/12/2009
[Update: Link removed: Robin’s post appears to have been taken down;
the full press release is now available.]