You can use =item for that: 
=over

=item My first piece of text is neither indented nor surrounded
with newlines.
It is rewrapped to fit the output page.
and
lines
are merged.

=item And here is another piece of text.
It will appear
right after the previous item
with no extra line break between them.

=back

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In reply to Re: Special formatting in pod by Anonymous Monk
in thread Special formatting in pod by ambrus

Title:
Use:  <p> text here (a paragraph) </p>
and:  <code> code here </code>
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