In the day view, list how many of the calendars that have this event on them in the bubbles at the top of the event. This will indicate to the user that it shows the number of calendars that have this event.
The dot should show the colors of the merged calendars (up to four, which should be plenty to account for). The main text bubble will indicate the color of the "winning" calendar.

In the day view, list how many of the calendars that have this event on them in the bubbles at the top of the event. This will indicate to the user that it shows the number of calendars that have this event.
The dot should show the colors of the merged calendars (up to four, which should be plenty to account for). The main text bubble will indicate the color of the "winning" calendar.