Hometown International — that odd, publicly traded company with a market capitalization of more than $100 million despite owning just one small New Jersey deli — has announced plans to merge with Makamer Holdings, a private bioplastics start-up firm. The money-losing Your Hometown Deli in Paulsboro, N.J., which is owned by Hometown International, will not be operated by the company that will result from the merger with the Los Angeles-based Makamer. It is unclear whether the deli will close or continue selling sandwiches, soda, chips and other fare. The announcement of the tie-up of Makamer and Hometown International ... (full story)