Found December 24, 2011 on Inside Hoops:
The Memphis Grizzlies acquired guard/forward Quincy Pondexter from the New Orleans Hornets in exchange for guard Greivis Vasquez, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today. “We feel this is a trade that benefits both teams. We will miss Quincy and we thank him for his efforts, professionalism and work ethic,” [...]
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Grizzlies swap Vasquez to Hornets for Pondexter

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The Memphis Grizzlies acquire Quincy Pondexter from the Hornets

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The New Orleans Hornets acquire Greivis Vasquez

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Memphis trades Greivis Vasquez to New Orleans MEMPHIS, December 24, 2011  – The Grizzlies acquired guard/forward Quincy Pondexter from the New Orleans Hornets in exchange for guard Greivis Vasquez, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today. 

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The Memphis Grizzlies have swapped guard Greivis Vasquez to the New Orleans Hornets for guard/forward Quincy Pondexter in a move designed to boost their depth with Darrell Arthur out for the season.

Hornets acquire Vasquez from Memphis (AP)

The Memphis Grizzlies have swapped guard Greivis Vasquez to the New Orleans Hornets for guard/forward Quincy Pondexter in a move designed to boost their depth with Darrell Arthur out for the season. The Grizzlies announced earlier Sunday they signed Dante Cunningham after Charlotte failed to match an offer.

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