Casino mogul Kirk Kerkorian is fighting to save his MGM Mirage empire from the clutches of billionaire activist investor Carl Icahn — and may go as far as selling The Mirage casino in Las Vegas to fend him off.

As Icahn, who owns a big chunk of MGM Mirage’s debt, pushes for MGM Mirage to file for bankruptcy, saying he would be willing to invest more money into the business after it files, the 91-year-old Kerkorian is quietly mounting a defense, sources said. The mad scramble comes as MGM Mirage faces a May 15 deadline to come up with a restructuring plan.

Sources said a casino company — possibly Penn National Gaming — is working on a bid for The Mirage in which the banks that loaned money to MGM Mirage would finance much of the purchase.

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