(CNN) - The presidential campaigns of Barack Obama and Hillary Clinton announced Thursday that Senator Hillary Clinton’s name will be placed into nomination at the Democratic National Convention in Denver.
"Since June, Senators Obama and Clinton have been working together to ensure a Democratic victory this November," said the campaigns in a joint statement. "They are both committed to winning back the White House and to to ensuring that the voices of all 35 million people who participated in this historic primary election are respected and heard in Denver.
"To honor and celebrate these voices and votes, both Senator Obama's and Senator Clinton's names will be placed in nomination."
The release said Obama’s campaign encouraged the move to promote party unity, and recognize Clinton's status as the first woman to compete in every presidential primary.
“I am convinced that honoring Senator Clinton's historic campaign in this way will help us celebrate this defining moment in our history and bring the party together in a strong united fashion,” said Obama in the statement, which also quoted Clinton saying that “with every voice heard and the Party strongly united, we will elect Senator Obama President of the United States and put our nation on the path to peace and prosperity once again.”
A Democratic source with knowledge of the discussions says that the process was not a negotiation – that both sides came to a mutual decision that the move was the best path.
A Democratic Party operative familiar with convention plans says the move would bring "peace in the kingdom." The source adds that the Obama campaign "always knew it would probably have to happen."
"They have known since the day she dropped out that she wanted this 'for history,'" says the operative.
The announcement follows a string of recent reports that die-hard supporters of Hillary Clinton were planning to protest in Denver if her name were not placed into nomination, and a roll call vote held that would allow the New York senator's delegates to vote for her
If this happens, Clinton will not be the first woman to have her name placed in nomination for president at a major party convention. Maine Senator Margaret Chase Smith was placed in nomination at the 1964 Republican convention, and New York Congresswoman Shirley Chisholm was placed in nomination at the 1972 Democratic convention.