More reaction to the news that Liz Claman has left CNBC: An insider close to the situation says she talked about renewing her contract, but decided there were other places to go.

"She has to sit out a 90-day non-compete period," the insider added.

90 days from July 17 would be October 15 -- the same day Fox Business Network launches.

> Update: 10:50pm: A FBN spokesperson tells ICN that "We do not have a deal with Liz Claman at this time." Interesting wording...