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Press Ctrl/Cmd + E to open the Properties Bar in Acrobat. When you click (or double-click) in the text entry area for a Text Box you will see text formatting options appear in the bar.

If you're not familiar with Properties bar, keep it open and try some other commands in Acrobat: you'll see that it's context sensitive and will present different properties that you can set depending on what you're doing.

HTH,

Ali Hanyaloglu