AutoCad 2D :: Changing Distance Between Two Objects?

I'm using AutoCad LT 2007, so I understand I may not be able to do this.

I have two object, such as circles, and they are a certain distance apart. It does not matter. I have an object/text between them that does not fit between them. I cannot scale the inside object as it has to be the same size as the others of it's kind. I would like to take the two circles and put a greater distance between them. In other words I want there distance to go from, say, 5 units to 10 units without moving the center point of the two objects. I was thinking something similar to: select the two objects, select the midpoint of the two objects, and enter the command to change the distance between them. Almost like a stretch command out from a center point, but with two objects. I can find the center point of the two objects, that's no problem.

This is the way I do it now, and I'm trying to find a quicker way to improve my AutoCad skills. Select the object on the right and move it right a certain distance, then select the left object and move it left the same distance. It works, it's just slow.