The pioneering group dispelled speculation that they would
disband after Young, 61, took his leave, saying "the band will
continue to make music."
"Malcolm would like to thank the group's diehard legions of fans
worldwide for their never-ending love and support," the group
said in a statement.
The band did not say what sort of illness Young was suffering
from or whether it would cease from touring without one of its
founding members.
The Scotland-born Young founded AC/DC with his younger brother,
Angus, in 1973. The band has withstood the loss of a key member
in the past, in particular when lead singer Bon Scott died in
1980.
Their 1980 album "Back in Black" is one of the top-selling
albums of all time, with more than 20 million in U.S. sales
alone. AC/DC most recently completed a 20-month world tour in
2010 in support of their 2008 album "Black Ice."
(Reporting by Eric Kelsey; editing by G. Crosse and Mary
Milliken)
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