Many rumors have been reported regarding the status of the band, and Malcom, but this is the official statement from the band....

 
NEW YORK, April 16, 2014  -- After forty years of life dedicated to AC/DC, guitarist and founding member Malcolm Young is taking a break from the band due to ill health. Malcolm would like to thank the group's diehard legions of fans worldwide for their never-ending love and support.
In light of this news, AC/DC asks that Malcolm and his family's privacy be respected during this time.  The band will continue to make music.