$re = '/^((?! - ).+?(?= - ) - ){2}(*SKIP)(*F)| - /m';
$str = 'Hello - world - I am a good - guy and want to - save - the - world
Hello - wor ld - I am a good - guy and want to - save - the - world
Hello - wo43rld - I am a good - guy and want to - save - the - world
Hello - world 2.0 - I am a good - guy and want to - save - the - world
Hello - world $%& - I am a good - guy and want to - save - the - world';
$subst = " | ";
$result = preg_replace($re, $subst, $str);
echo "The result of the substitution is ".$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 PHP, please visit: http://php.net/manual/en/ref.pcre.php