Nov 14 (Reuters) - Seaspan Corp SSW.N :
* SEASPAN APPROACHES ONE MILLION TEU WITH ACQUISITION OF FLEET OF SIX HIGH-QUALITY CONTAINERSHIPS ON LONG-TERM CHARTER FOR TOTAL PURCHASE PRICE OF $380 MILLION
* SEASPAN CORP - PURCHASE OF ACQUIRED VESSELS IS EXPECTED TO BE FINANCED FROM ADDITIONAL BORROWINGS AS WELL AS CASH ON HAND
* SEASPAN CORP - TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO SEASPAN'S EARNINGS PER DILUTED SHARE