re = /\bfrom \w+ in (\w+)\nprevious in time\b/m
str = 'from ab1c_table in WXY
previous in time
from abc3_table in MNO
previous in time
'
subst = '<font color="#FF4500"><b>$0</b></font>'
result = str.gsub(re, subst)
# Print the result of the substitution
puts result
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for Ruby, please visit: http://ruby-doc.org/core-2.2.0/Regexp.html