MACROMEDIA FREEHAND 10-USING FREEHAND Use Manual page 372

Select the text block you wish to convert with the Pointer tool.
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Choose Text > Convert to Paths or click the Convert to Paths button in the
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Text toolbar.
The following conversions occur:
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Text aligned to a path remains in place, but the path disappears.
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The text block converts to a group of objects; to manipulate individual
characters, you must ungroup the objects.
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Letters with more than one component, such as the letter i, convert to
composite paths. For more information on composite paths, see "Combining
paths" on page 196.
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Letters with enclosed areas, such as B and O, convert to composite paths with
transparent holes.
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All other letters, such as L and Z, convert to a single path.
To ungroup the converted text into individual, editable characters, choose
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Modify > Ungroup.
To edit a selected word or phrase as a single object, select the characters that
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make up the word or phrase and choose Modify > Join.