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Financial problems began to resurface shortly afterward, and Trans World Airlines Inc. assets were acquired in April 2001 by AMR Corp., the parent company of American Airlines, who quickly formed a new company called TWA Airlines LLC. As part of the deal, TWA declared Chapter 11 bankruptcy (for the third time) the day after it agreed to the purchase. The terms of the deal included a $745 million payment. The bankruptcy court approved the purchase over a rival bid by Jet Acquisiton Group, an investment group fronted by Ralph Atkin, founder of SkyWest Airlines.[22] The total value of TWA's assets and assumed liabilities was estimated to be $2 billion. American did not claim the naming rights for the Rams' home, which eventually became the Edward Jones Dome.

 

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