DALLAS (WBAP/KLIF) – Plano-based J.C. Penney will live to fight another day. Following a ten hour hearing Monday the bankruptcy court judge approved the sale of the 108-year-old retailer to its two largest landlords and its primary lenders. The reorganization will wipeout more than $3 billion of debt. J.C. Penney has more than 600 stores and…… MORE