Angels Acquire Joe Thatcher, Tony Campana

10:19am: The Diamondbacks will receive outfielder Zach Borenstein and right-hander Joey Krehbiel, tweets Heyman.

Bill Shaikin of the Los Angeles Times notes (via Twitter) Borenstein was the Angels’ minor league player of the year in 2013 (.337/.403/.631 at Class A-Advanced Inland Empire). The 23-year-old (the Angels’ 23rd-round selection in 2011), however, hasn’t been able to replicate those numbers this season while bouncing back and forth between Double-A (.266/.338/.440 in 207 plate appearances) and Triple-A (.256/.279/.342 in 123 plate appearances).

Krehbiel is an interesting bullpen arm with a fastball sitting between 92-95 MPH with a good slider, tweets Piecoro. The 21-year-old (taken in the same draft as Borenstein, but in the 12th round) has compiled a 2.00 ERA, 11.5 K/9, and 3.5 BB/9 with five saves in 17 appearances covering 18 innings this season for Class-A Burlington and Class A-Advanced Inland Empire.

10:00am: Jeff Passan of Yahoo Sports (on Twitter) heard last night that the Halos would be giving up a minor league second baseball in a Thatcher deal.  Either Taylor Lindsey or Alex Yarbrough makes sense, according to Passan. 

9:48am: The D’Backs get a few prospects in the deal and one is a high-ranking prospect, tweets Jon Heyman of CBSSports.com.  Arizona is saving about $1.1MM with this deal, Piecoro tweets.

9:33am: The D’Backs are receiving a prospect and another minor leaguer in the deal, tweets Nick Piecoro of the Arizona Republic.

8:57am: The Angels are set to acquire Joe Thatcher and Tony Campana from the Diamondbacks, tweets Ken Rosenthal of FOX Sports.  The return is not yet known.

Rosenthal reported late last night that the Angels were on the hunt for a left-handed reliever and Thatcher was high on their wish list.  Thatcher, who will be a free agent at season’s end, has a 2.63 ERA with 9.4 K/9 and 1.1 BB/9 through 37 appearances this season.

For his career, the 32-year-old owns a 3.26 ERA with 9.4 K/9 and 3.0 BB/9 across eight seasons with the Padres and Diamondbacks.  Now, he’ll ply his craft for the Halos in what will be his first time outside of the NL West.  Thatcher is a rather inexpensive addition for the Halos as they’re on the hook for the prorated portion of his $2.375MM deal.

Campana, 28, hasn’t done much offensively this season, hitting .150/.164/.200 in 61 plate appearances.   In four years for the Cubs and D’Backs, Campana has hit .246/.294/.286 in 239 total games.  Still, the speedy outfielder has managed to provide value even when he’s not doing much with his bat.  He has 66 career stolen bases and a career 14.6 UZR/150 in the outfield.

Edward Creech contributed to this post.