Newswire Bloomberg said HomeAway's flotation would be for up to $300m and managed by investment banks Morgan Stanley, Deutsche Bank, JPMorgan Chase and Goldman Sachs.

US-based holiday rental company HomeAway is preparing to float by June just months after reportedly receiving about $25m from Google Ventures, the corporate venturing division of search engine company Google.

Newswire Bloomberg said HomeAway’s flotation would be for up to $300m and managed by investment banks Morgan Stanley, Deutsche Bank, JPMorgan Chase and Goldman Sachs.

In November, Google acquired its stock in HomeAway, which uses characters from National Lampoon films (see picture) in its advertising, from its existing shareholders rather…