To wrap text around an object:
1.. Select the object or objects around which you want the text to wrap.
This is called the wrap object. (See Selecting objects.)
2.. In the Layers palette, make sure that the wrap object is above the
text you want to wrap around it. (See Organizing objects using layers.)
Important: If the layer contains multiple type objects, move any that you
don't want to wrap around the wrap object either into another layer or above
the wrap object.
3.. Choose Object > Text Wrap > Make Text Wrap.
4.. The Text Wrap Options dialog box appears. If desired, set the
following options. Then click OK.
a.. Offset to specify the amount of space between the text and the wrap
object. You can enter a positive or negative value.
b.. Invert Wrap to reverse the side of the object that the text wraps