On Friday, rumors surrounding a breakdown in talks between EM.TV & Merchandising AG and possible buyer KirchGroup drove EM.TV's stock to an all-time low. EM.TV's stock closed Friday at 5 euros (US$4.97). Apparently, the talks have broken down over price and a conflict between Nickolaus Becker, chairman of EM.TV's supervisory board, and Dieter Hahn, deputy chief executive at Kirch. As part of the proposed deal, Kirch would purchase a 16.74% stake in the troubled EM.TV. A Kirch spokesman said, "We are still checking EM.TV's books, doing the due diligence, seeing if everything is in order.