Keurig Dr. Pepper (NASDAQ:KDP) is said in talks to acquire Bang Energy drinks from Vital Pharmaceuticals, also known as VPX.
The price for the deal hasn't been finalized, according to a Bloomberg report. It may be valued at more than $3 billion, according to one person, though another person said it could be worth more than $2 billion. Talks are said to be at an early stage.
A potential Bang Energy deal comes after Bloomberg reported in November that Monster Beverage (MNST) was said to explore a deal with Constellation Brand (STZ). CNBC reported in late February that Monster's founders may be interested in a deal with Constellation Brands (STZ).