Sure they did. Or "retired"
https://ultimateclassicrock.com/saga-to-break-up/
"Ladies and Gentlemen, Girls and Boys," it began. "This year marks 4 decades of writing, recording and touring as a band. However, after much deliberation and discussion, my brothers and I have regretfully decided that after 40 incredible years together, 2017 will be Saga's 'Final Chapter.' With the exception of a very special one-off performance on the 2018 Cruise to the Edge, I'm afraid this is it, folks!"
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