The original Guns N’ Roses will reunite for the first time in more than 20 years.
Founding frontman Axl Rose and founding guitarist Slash, are reportedly heading to Indio, California in April to headline the annual Coachella Music & Arts Festival, Billboard reports.
It will be the first show to feature both rock legends since July 17, 1993.
As well as performing for Coachella, the reunited band is rumoured to have lined up a North American tour across 25 stadiums.
"Guns N' Roses is said to be asking as much as $3 million per show, with tickets topping out in the $250-$275 range," according Billboard.
The most recent Guns N’ Roses tour featured Axl Rose as the only founding member.
In August, Rolling Stone reported Axl Rose and Slash were finally on speaking terms for the first time in nearly two decades.
Slash quit the group in 1996 and it was widely assumed that his departure was the last time the two had spoken, despite being inducted into the Rock & Roll Hall of Fame in 2012 where Axl Rose declined the honor and did not appear at the ceremony.
At that time, he told the Los Angeles Times he had no interest in reuniting with former band mates.
The band is one of the best-selling music groups of all time selling more than 100 million records worldwide - 45 million in the US alone.