Via MLB Trade Rumors, likely reported live on ESPN:
One hour to go... let's see what else get's done!
Update [2007-7-31 15:25:36 by gondeee]:
From the main site, here is the Rangers' final haul of prospects they are getting from us:
Jeez, okay we gave up our top THREE prospects plus two more pitchers - WOW! No time now for analysis, there will be plenty of that in the coming days.