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Converge Technology Solutions Corp.

09:54 AM EST - Converge Technology Solutions Corp. : Has gained approval to increase its ABL credit facility from $190 million to $300 million in an agreement with a syndicate of banks led by CIBC. Converge will also add J.P. Morgan Chase & Co. to the Company’s syndicate of banks. Converge Technology Solutions Corp. shares T.CTS are trading down $0.04 at $11.79.