The case is Monster Energy Co v. Vital Pharmaceuticals Inc d/b/a Bang Energy, U.S. District Court for the Central District of California, No. 5:18-cv-01882.

Monster sued Bang in 2018. It accused Bang and Owoc of touting their energy drink with "Super Creatine" as a "miracle drink" that can "reverse mental retardation" and help cure neurological disorders.

According to Monster, it's agreed to acquire Vital Pharmaceuticals -- maker of Bang energy drinks -- out of bankruptcy in a deal that Bloomberg says could be worth $362 million.

Monster Beverage Corp. was granted approval by a judge to acquire Bang Energy— a former Monster rival—out of Chapter 11 bankruptcy for $362 million, Bloomberg reported Wednesday.