	seton sel directors approve merger agreement seton co said its board of directors unanimously approved an agreement and plan of merger providing for the merger of seton with a unit of s uisition corp a new jersey company seton said its board of directors unanimously approved the merger in a meeting held today seton said the agreement and plan of merger provides that all shares of seton co common stock not held by s uisition corp or its units will be converted upon the merger into the right to receive dlrs per share in cash reuter 
