At the current GM Meetings, Ruben Amaro seems to be communicating with quite a few people/teams. Ruben stated that his three needs (CF, 3rd base, late reliever), has been in several trade conversations. Amaro has looked at free agency, but have been heavily involved in trade talks.
According to Jon Heyman of CBS Sports, the Phillies have been looking at third baseman Kevin Youkilis, along with a few other teams. The Phillies have also signed Kevin Frandsen, also according to Heyman.
Frandsen, played in 55 games as a Phillie this past season, with a batting average of .338, 2 home runs and 14 RBI's inn those 55 games.
Details on contract to come.