MUNSTER, Ind. (AP) – Executives of the Indiana Toll Road's bankrupt operator will divide up nearly $2.5 million in bonuses. 

The extra pay is thanks to an Australian company's $5.72 billion agreement to buy the company.

The (Munster) Times reports Concession Co.'s CEO and four other executives will share in $2.45 million when IFM Investors closes on its offer in a few months.

ITR Concession's parent company paid Indiana $3.8 billion in 2006 for a 75-year lease of the 157-mile highway, but it declared bankruptcy with more than $6 billion in debt in September. 

A federal bankruptcy judge later approved a plan to accept bids on the company.

A January court order spelled out the incentive bonuses ITR Concession's executives could claim, depending on the amount of the winning bid.