Oct 7 (Reuters) - Russell Breweries Inc RB.V :
* Russell Breweries Inc enters into two asset purchase agreements for sale of substantially all of its operating businesses
* Deal for purchase price of $7.7 million
* Two purchase agreements are result of previously announced long and extensive strategic review process
* To distribute all of proceeds on closing of Russell Brewing sale, following repayment of all its outstanding debts, to shareholders Source text for Eikon: ID:nCCN8H5Swl Further company coverage: RB.V