Not quite correct bborden. What is illegal/wrong is to trade or invest based on insider knowledge. Any company can tell anyone or any entity whatever they want. Generally No crime in that. However, if the receiver of that insider info makes trades or invests based even in part on that info then that is the crime.
There are exceptions and caveats to the above and arguments to be made but the overall gist of the above is more right than wrong.
Think about it this way. A company interacts with many outside entities each day in the normal course of business. Quoting, working to define orders, shipping, logistics, customer development, penning PRs,vendor quotes, and on and on. Many of these interactions involve insider info. The company has done nothing wrong.
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