1:32pm: The Cubs confirmed the acquisition via a press release. Diamond was simply claimed off waivers from the Rangers. He'll head to Triple A Iowa.
12:23pm: The Cubs acquired righty Thomas Diamond from the Rangers, MLBTR has learned. Diamond, the 10th overall pick in the 2004 draft, was designated for assignment Tuesday by Texas. He had Tommy John surgery in '07, and has struggled with his control since. Diamond has worked as a reliever most of this year.
Cubs assistant GM Randy Bush coached Diamond at the University of New Orleans, by the way.