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Ashlee Simpson Cozying Up to Rocker Craig Owens? Pete Wentz Isn't Happy

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March 10 2011, Published 10:54 a.m. ET

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Ashlee Simpson isn't wasting time moving on with her love life. Her divorce from Pete Wentz still isn't finalized and the 26-year-old mom is already cozying up to another rocker, D.R.U.G.S. frontman Craig Owens, a member of Pete's record label!

Ashlee and the musician have been spotted out and about looking very affectionate with one another, E! News reports, and on one shopping outing in L.A. the duo even shared a smooch!

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OK! NEWS: ASHLEE SIMPSON & PETE WENTZ INVOLVED IN CUSTODY BATTLE

Craig, also 26, was the frontman/guitarist for the group Chiodos but was dismissed from the band in 2009. He is currently a member of the D.R.U.G.S. — Destroy Rebuild Until God Shows — which he formed with four other guys last summer, and the group just booked the 2011 Vans Warped Tour, E! reports.

Craig is also signed on Pete's Decaydance record label and is good pals with the Fall Out Boy frontman.

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Pete raved about Craig to MTV News last year: "My pick for 2010 is Craig Owens, formerly of Chiodos," he shared. "I've heard some of his new demos."

E! News also reports that in 2008, Craig was hospitalized for a Xanax overdose, and revealed to his fans via MySpace that he has struggled with manic depression, bipolar disorder and anxiety for years.

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"Flash ahead 12 hours later, I woke up in the emergency room surrounded by my family and best friends, with an IV in my left arm, and hooked up to machine," he wrote four days later. I felt confused, angry, selfish, and completely embarrassed," he wrote on his MySpace via E!. After being admitted to the hospital for a couple of days, I made my way to recovery and built up enough strength and courage with the support of my loved ones enough to make it back home. I am okay, though. Thankfully, I had no permanent physical damage to myself from this...I'm looking towards the future and have been blinded by the brightness of it."

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Pete, 31, is reportedly not happy about Ashlee's rebound guy. He has remained silent on the matter and has been pretty inactive on Twitter since last month.

The soon-to-be exes married in May 2008 in an intimate ceremony at her parents’ L.A. home. Reports of a custody battle over their two-year-old son Bronx Mowgli also ignited this week.

Pete is taking Ashlee to court over custody of their son after she requested primary guardianship to his dismay.

Do you think Ashlee's new beau is a slap in the face to Pete? Share your thoughts in the comments.

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