BEAT - Merger Arbitrage Analysis And Spread Performance - January 17 2021 January, 19 2021 10:40 AM Heartbeam Inc. HMS Holdings Corp. slips during the week. Fitbit finally draws to a close. Merger arbitrage cash spreads advance again replicating previous week's returns. For further details see: Merger Arbitrage Analysis And Spread Performance - January 17, 2021