Update again.. I just tried the inline moderation merge and it does not multiply the destination view count, neither does it add the incoming view count to the desitination... so it remains unchanged... also a bug. So using my original example above, with inline moderation version of merge.. the resulting thread would only have 1568 views without combining the 95 new views from the incoming thread.
I then re-confirmed that the in-post "Manage Topic" pull down version of Merge Topics is doubling the destination view count and not adding in the incoming thread views.