HomeAway Is Said to Select Banks to Manage $300 Million IPO

HomeAway.com Inc., the vacation-rental website, has selected banks to manage an initial public offering this year of as much as $300 million, three people with knowledge of the plans said.

The banks include Morgan Stanley, Deutsche Bank AG, JPMorgan Chase & Co. and Goldman Sachs Group Inc., said the people, who declined to be named because the talks are private. The share sale is likely to happen by June, two of the people said.