12:59pm: The Athletics will obtain catcher Blake Lalli from the Cubs in the deal, Slusser reports (on Twitter). Chicago designated the catcher for assignment last week and recently outrighted him to Triple-A Iowa. Lalli, who made his MLB debut this year, has a .257/.292/.392 line in 319 plate appearances at Iowa.
12:29pm: The Cubs will acquire Anthony Recker from the Athletics, the catcher's agent confirmed to Susan Slusser of the San Francisco Chronicle (Twitter link). Oakland had designated Recker for assignment exactly one week ago to create 40-man roster space for Brett Anderson.
Recker appeared in 13 early-season games for the Athletics, but he hasn't played at the MLB level since May. The 28-year-old has a .265/.358/.435 batting line in 229 plate appearances at Triple-A this year.