Family Dollar Stores has rescheduled its meeting at which shareholders will vote on the merger with Dollar Tree.

The meeting will take place on 23 December instead of 11 December. The company is currently in discussions with the Federal Trade Commission (FTC) concerning the extent of divestitures the FTC is seeking in connection with the merger.

The parties expect to provide Family Dollar shareholders with an update regarding the status of the FTC review by the end of the first week of December. The meeting has been rescheduled to provide Family Dollar shareholders with sufficient time to review the additional disclosure in advance of the meeting.

Separately, Dollar General has reiterated its commitment to acquiring Family Dollar. The company is engaged in discussions with the FTC regarding the extent of potential divestitures that would be required in order for it to make the acquisition, and says it is "making good progress".

"Dollar General will continue to work with the FTC and expects to provide an update in the coming weeks to allow Family Dollar shareholders sufficient time to review such information prior to the Family Dollar shareholders' meeting now scheduled for 23 December."