COMPUTER ASSOCIATES <CA>, UCCEL SET MERGER Computer Associates International Inc and UCCEL Corp <UCE> said they have signed a definitive merger agreement under which Computer Associates will pay about 800 mln dlrs in stock for all outstanding UCCEL shares. The companies said under the terms of the agreement, all UCCEL shareholders will receive about 1.69 shares of Computer common stock for each of the approximately 17 mln UCCEL shares outstanding. According to the companies, this would amount to about 47.50 dlrs per UCCEL share, based on May 29 New York Stock Exchange closing prices. Closing of the transaction is anticipated in August, the companies said. The companies said the resulting company wil retain the name Computer Associates International Inc. Additionally, the companies said Charles Wang, currently Computer Associates chairman and chief executive, will continue as chairman of the new company.