This is an anonymous box created in a DIV before a SPAN. We are about to take this span out of the normal using the the float method. Now we have given it a width of 4cm using the width propert. Now we have another anonymous box created after the span.
This is a second DIV and it's to demonstrate how the tedxt flowsround the inline flow object that we have taken out of the normal flow using the width and float properties. In a moment, using the clear property, we will make this text start after the SPAN.
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