GE CEO Larry Culp: Danaher deal is the superior path to a health-care IPO

General Electric CEO Lawrence Culp tells CNBC that a health-care IPO was plan A but the Danaher deal is the better option. Culp says that GE has too much debt, which the deal will help the company pay down. CNBC's "Squawk on the Street" team breaks down the deal.

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