Regulators give Icahn the Tropicana while Trump battles for his brand

Newsmax reported that on March 4, 2010 the New Jersey Casino Control Commission lifted the Tropicana’s conservatorship and put Carl Icahn in charge, noting that Icahn and banker Andy Beal were "slugging it out" with Donald Trump’s bondholder group over who would own Trump Entertainment once it leaves bankruptcy, shrinking Trump’s leverage before the judge rules on the reorganization.

"slugging it out"