The company’s lender evidently forced the shut downand is taking control of the inventory after efforts to refinance Reda, some ofwhich reportedly involved Dick’s Sporting Goods, were unsuccessful. Thatclosure could be linked to a pending sale of company assets, including thePatrick soccer brand, which Reda acquired in June 2001. Besides theseven-figure deal for Patrick, Reda was active two years ago securing a numberof deals from an exclusive license agreement for Zett baseball and softballgear to distribution rights for the Uhlsport brand and a joint venture withBasicNet for the Kappa ... Log in to view full article.