Leaders of the Alaska Democratic Party will meet on Labor Day to make a decision that could change the makeup of the gubernatorial race.

Byron Mallott, picked as the nominee in the August 19 primary election, and Independent Bill Walker have recently been in talks about merging campaigns to unify opposition to incumbent Gov. Sean Parnell, a Republican.

Candidates and staffers confirmed to Channel 2 that a 6:30 p.m. meeting of the party's executive committee will formally decide whether the party prefers to march forward into a three-way contest or instead shift to a unified effort.

Some members will attend by phone, and others will attend in person, according to a party spokesperson.

Laury Scandling, a spokesperson for Mallott, said that talks were ongoing but an update she provided "represents both campaigns."

"A number of formalized steps must yet occur to create a unified ticket," she said. "The steps have to do with requirements associated with the Democratic Party and the Division of Elections."

A press availability is scheduled for noon Tuesday.

Channel 2's Austin Baird contributed to this story